Boeing increases sourcing and investments in India
Boeing is looking to boost its business in India. The company currently sources around Rs 10,000 crore each year from 320 suppliers in the country. Boeing aims to deliver two aircraft each month to Indian airlines over the next two years. To support this growth, Boeing is investing significantly in various sectors. They are focusing on pilot training, maintenance, repair, and operations (MROs), and engineering facilities located in Bangalore and Chennai. These efforts come as part of India's ongoing reforms, which have made the country an attractive option for foreign investment. Boeing's plans indicate strong confidence in the Indian aviation market's future.