With the draft aviation policy looking to provide a major boost to maintenance and repair facility in India, aviation giants like Boeing are very glad indeed it’s the Indian defence space that the US giant is gunning for.
Speaking exclusively to CNBC-TV18's Shereen Bhan, Pratyush Kumar, President, Boeing India said the company is eagerly waiting for the defence offset policy before going all out to increase their presence in India. “We think that the focus on Make in India has really captured the imaginations of defence companies specially ours, to do more here,” he said. When asked what he would like in terms of clarity from the policy, he said, Make in India is good for us because it is win-win proposition but our customers want more for less -- they want more capabilities, more range, more performance for less etc.
He added that the company has been looking for pockets of productivity globally and India offers a pretty compelling proposition especially for a highly engineered product like ours in which the broad and deep capability of India's engineering workforce is quite helpful. According to him there are areas where the company can actually manufacture in India, which would not only be good for India but would also make them more globally competitive.
02/11/15 CNBC-TV18/money control
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Speaking exclusively to CNBC-TV18's Shereen Bhan, Pratyush Kumar, President, Boeing India said the company is eagerly waiting for the defence offset policy before going all out to increase their presence in India. “We think that the focus on Make in India has really captured the imaginations of defence companies specially ours, to do more here,” he said. When asked what he would like in terms of clarity from the policy, he said, Make in India is good for us because it is win-win proposition but our customers want more for less -- they want more capabilities, more range, more performance for less etc.
He added that the company has been looking for pockets of productivity globally and India offers a pretty compelling proposition especially for a highly engineered product like ours in which the broad and deep capability of India's engineering workforce is quite helpful. According to him there are areas where the company can actually manufacture in India, which would not only be good for India but would also make them more globally competitive.
02/11/15 CNBC-TV18/money control
