Boeing’s India operations will be largest outside the US

Must Read

Nine girls serve as officers for a day in UP

JHANSI: Nine meritorious girl students topping the board exams were made for one day as top administrative officers of...

Studies show that about 60 percent of cancer patients do not respond effectively to chemotherapy treatments – health

Approximately 60 percent of all cancer patients do not respond effectively to chemotherapy treatment, as estimated by scientists at...

32 Naxalites surrender in Dantewada, four reward Rs 1 lakh – India news

Police said that the four Maoists who surrendered before the Chhattisgarh police in Dantewada district have placed a reward...

Let’s Start this Interesting Article Shared on DesiNew.xyz

New Delhi: American aerospace major Boeing expects to have the largest presence outside India in the next two years. The Corona epidemic has shown how a major event can disrupt the supply chain and require large firms to spread the same across geographic locations to minimize future impacts. Boeing’s current sourcing from India is about $ 1 billion annually from 200 suppliers, and it sees the “next billion” as a logical step.
“Over the next few years, we expect Boeing’s India presence to be the largest outside the US. Boeing has been a proud partner with India for over 75 years, and we are just getting started. We We want to contribute to the development of India’s aerospace industry. That is why we are engaged in the development of aerospace technology, innovation, production capacity, supply chain, aerospace skilling centers, manufacturing and modernization of airport infrastructure and airspace in commercial and defense. Investing in India, ”Boiling India president Salil Mupte told TOI.
For example, Boeing – in a JV with the Tata Group – produces AH-64 Apache helicopter fuses in Hyderabad for global customers including the US military. Composite floor beams for all Dreamliner variants are also made in India. Following the current supply chain disruption globally by coronovirus, Boeing has decided to add its presence here. While it did not comment on whether the change would take place from China to India, it confirmed a larger role for India over the next few years.

“We are working towards skill and upskilling Indian MSMEs to quadruple our sourcing from $ 250 million to $ 1 billion over the last few years. Gupte said that with thousands of MSMEs now coming into the aerospace sector, there is an opportunity to do more.
Boeing currently employs 3,500 people in India, and more than 7,000 people work with its supply chain partners. The Boeing India Engineering and Technology Center in Bengaluru and Chennai performs advanced aerospace work and supports global engineering development. “Our fully owned engineering and technology complex with manufacturing and assembly capacity is coming up in Bangalore with an initial investment of over $ 200 million in the future. This will be the largest facility of its kind for Boeing outside the US (43 acres), ”said Gupte.
Boeing hopes that Max will be taken to the skies again later this year after last-March-737, based on regulatory approval in the US and then in various countries where airlines have ordered the aircraft. . The aim is to get approval in the third quarter in the US and then by the end of the year in different countries. In India, SpiceJet has 13 B737 MAXs at airports and many more on order.

STAY TUNED WITH US FOR MORE INTERESTING CONTENT ONLY ON DESINEW.XYZ

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

Nine girls serve as officers for a day in UP

JHANSI: Nine meritorious girl students topping the board exams were made for one day as top administrative officers of...

Studies show that about 60 percent of cancer patients do not respond effectively to chemotherapy treatments – health

Approximately 60 percent of all cancer patients do not respond effectively to chemotherapy treatment, as estimated by scientists at Purdue University. In recent...

32 Naxalites surrender in Dantewada, four reward Rs 1 lakh – India news

Police said that the four Maoists who surrendered before the Chhattisgarh police in Dantewada district have placed a reward of Rs 1 lakh on...

Brexit, Kovid-19 and climate clash to raise UK food prices – World news

Supermarket prices in the UK may begin to rise in the coming months as food supplies are caught by Brexit, Kovid-19 and the triple...

Jack Ma curbs innovations of global financial regulators – Business News

Alibaba Group founder Jack Ma criticized global financial regulations for stifling innovation and urged China to seek a system that would accommodate growth."After the...
- Advertisement -

More Articles Like This

- Advertisement -