Boeing opens a company in India
2023.03.10 03:55
Boeing opens a company in India
By Kristina Sobol
Budrigannews.com – (NYSE) Boeing According to executives from the U.S. aviation company, Co will establish a facility in India to convert passenger aircraft into freight planes in order to capitalize on the growing global demand for cargo.
Chief Strategy Officer Marc Allen told reporters in New Delhi that the facility will support India’s ambitions to become a global cargo hub and will add to Boeing’s $1 billion supply chain sourcing from India. He didn’t say when the facility would be set up or how much money would be invested.
The arranged office comes in the midst of a move by Boeing to grow in India. The company announced in February that it would invest $24 billion in the establishment of a logistics center for aircraft parts.
Banner transporter Air India has likewise submitted a record request for almost 500 planes, worth more than $100 billion at list costs, with both Boeing and Airbus.
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