Sunday, November 17, 2019

Sourcing from India to grow beyond $1 billion, says Boeing India Chief

Global aerospace major Boeing expects annual sourcing of key components from India to grow beyond the current level of $1 billion, a senior company official has said.

At present, more than 160 suppliers provide the company with advanced components and subassemblies for commercial and defence aircraft as part of Boeing's integrated global supply chain.

These parts and assemblies cover critical components such as aerostructures, wire-harness, composites, forgings, avionics, mission systems and ground support equipment.

"Opportunity is a 'buzzword' with us and we are constantly looking at doing more here, with partners... Our annual sourcing from India stands at $1 billion from over 160 suppliers, but this number will continue to grow," Boeing India President Salil Gupte told IANS.
17/11/19 IANS/CNBC TV18
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