Indian Aerospace Growth#

Following on from similar investment deals in India in the IT industry from Microsoft and Oracle. Boeing will be putting up to $2 billion dollars into the Indian economy in the coming years via the Aerospace sector. The investment is part of a counter trade agreement between the US and India following a $11 billion order for Boeing aircraft placed by the Air India the national carrier. The majority of the investment will come from outsourcing of aerospace work to Indian companies but Boeing will also be setting up maintenance/overhaul facilities and pilot training centre in India.


Source: Boeing confirm Air India Order

Airlines | Economy
1/12/2006 11:17:15 PM (GMT Standard Time, UTC+00:00) #    Comments [0]  |  Trackback
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