Boeing India Research Center To Advance Aerospace Innovation

Boeing has set up a research and technology center at Bangalore. This center will collaborate with research and development organizations in universities and corporates in India and enhance the country's aerospace capabilities. The Indian center is also Asia's first for Boeing, which has two other facilities in Europe and Australia. For Boeing, such a collaboration with the best brains globally, gives the company a competitive technological edge.
Boeing already collaborates with researchers at the Indian Institute of Science and at Wipro and HCL as part of the Aerospace Network Research Consortium, and the research center will continue on this foundation to break new ground in in aero structures, aerodynamics and electronic networks. This is the first aerospace research consortium on a public-private basis in India. The company claims these efforts will change the future of aviation.
This innovation best practice model has already been implemented in the UK and has seen Boeing teaming up with industry and universities that have already added value to the economy. Apart from collaborating with leading universities like Sheffield and Cambridge, Boeing has established leadership centers that give SMEs an opportunity to participate in developmental programs. The initiative also gives those in the filed added job opportunities and encourages long term competitiveness for industry participants.
The Indian aviation industry sources a large portion of its carriers from Boeing, either on purchase or lease. Boeing expects India to purchase over 900 planes valued at US$86 billion in the next 20 years, while its rival Airbus, the other major supplier of planes, expects Indian airliners to demand 1,100 passenger and freight aircraft valued at US$105 billion, over the same period. Moreover, Boeing is also expecting US$31 billion in defense deals with India in the next 10 years.
29/05/09 FinancialWire via COMTEX/Trading Markets.com

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Categories: Foreign May 2009, Indian Aviation- In General May 2009