US aerospace giant Boeing is working on having a final assembly line (FAL) in India, and eventually increasing its sourcing from here from the existing $1 billion (Rs 8,200 crore) per year.
Boeing India head Salil Gupte told The Times of India that they were “looking at a business case” in order to have a final assembly line in India.
“We are looking at the business case to have a final assembly line in India, focussed on increasing sourcing that leads up to that: for components; higher value systems and parts of aircraft. FAL is relatively small in the overall value chain of an aeroplane, unlike say smartphones or electronics where a lot of value is added in the final step.
