NEW DELHI: American aerospace major Boeing expects to have the largest presence out of its home country in India \u2014 in terms of manpower deployment and component sourcing \u2014 over the next two years. The corona epidemic has shown how a major event can disrupt supply chains and that big companies need to spread the same across geographical locations to minimise the impact in the future. Boeing\u2019s current sourcing from India is about $1 billion annually from 200 suppliers, and it sees \u201cthe next billion\u201d as the logical step.<\/p>\n
\u201cOver the next couple of years, we expect Boeing\u2019s India presence to be the largest outside of the US. Boeing has been a proud partner with India for more than 75 years, and we\u2019re just getting started. We want to contribute to the growth of India\u2019s aerospace industry. That\u2019s why we\u2019re investing in commercial and defence across the development of aerospace technology, innovation, production capacity, supply chain, aerospace skilling centres, manufacturing and the modernisation of airport infrastructure and airspace,\u201d Boeing India president Salil Gupte told TOI.<\/p>\n","protected":false},"excerpt":{"rendered":"
NEW DELHI: American aerospace major Boeing expects to have the largest presence out of its home country in India \u2014 in terms of manpower deployment and component sourcing \u2014 over the next two years. The corona epidemic has shown how a major event can disrupt supply chains and that big companies need to spread the same across geographical locations to minimise the impact in the future. Boeing\u2019s current sourcing from India is about $1 billion annually from 200 suppliers, and it sees \u201cthe next billion\u201d as the logical step. \u201cOver the next couple of years, we expect Boeing\u2019s India presence […]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-353827","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/353827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=353827"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/353827\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=353827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=353827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=353827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}