Company - - Feb 09,2017
The US-based aviation maker giant company, Boeing Co., has announced that it is planning to set up a new unit that will handle all its defense operations in the nation.
Aircraft manufacturing company, Boeing Co., said that it will focus on building up a manufacturing and engineering base in addition to other facilities.
India will be one of the four nations outside the United States where Boeing Co. has a devoted defense arm. The others situated in Australia, Saudi Arabia and the United Kingdom.
The president and chief executive officer of Boeing Defense, Space and Security, Mr. Leanne Caret, stated that the Boeing Defense India (BDI) will serve as a framework enabling the company to draw on the growth and productivity profits that the country can offer.
The president of Boeing India Mr. Pratyush Kumar quoted in a statement that Boeing India will be leading the new entity. He also added that Boeing has made enhanced investments to grow the skill, manufacturing, engineering and development scale in the country.
Mr. Kumar further stated, with the creation of Boeing Defense India, aircraft maker will increase its commitment with India’s Ministry of Defense to provide advanced capability and readiness to India’s military customers and to improve a competitive supplier base in the nation that is integrated into Boeing’s worldwide supply chain.
The BDI will watch over Boeing's latest investments in the country including the TBAL (Tata Boeing Aerospace Ltd.) joint project, the C-17 simulator training center, Boeing's sourcing and manufacturing deeds, sales and marketing deeds and the engineering center development.
Boeing Company has been aggressively spreading into the Indian aviation market. Last month, the US plane maker announced an $11 billion deal to supply 100 new 737 Max 8 commercial airliners to India’s budget airline, SpiceJet.
In recent years, India has bought military transport aircraft, C-17 Globemaster III, which is manufactured by the collaboration of Boeing and McDonnell Douglas.