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Boeing to source more parts from India
Mint Mumbai
|July 04, 2023
American aerospace giant Boeing is strategically increasing sourcing of aircraft components from India, and is also exploring the potential to set up a manufacturing unit to tap the opportunities offered by the fastest growing aviation market, a senior executive said in an interview.
“We have plans to increase overall sourcing from India. Aircraft manufacturing is very different from manufacturing smartphones, as a lot of value comes together in the final assembly. In civil aviation, the airplane ecosystem is very distributed regardless of the location of the final assembly. The value for India is to do more and more on various components of an airplane, and that is precisely where we are focusing," Boeing India president Salil Gupte said.
“We are also evaluating the business case for final assembly in India. There is certainly an opportunity for final assembly. It is just a matter of time when the business case makes sense," Gupte added.
Dit verhaal komt uit de July 04, 2023-editie van Mint Mumbai.
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