Boeing India to inaugurate a 43-acre complex situated at Aerospace Park in Devanahalli, near Kempegowda International Airport. Developed with a Rs 1600 crore investment, this will be the biggest site for Boeing outside the United States. Boeing India has aimed for a Rs 10,000 crore/annual target for raising their sourcing from India from the present Rs 8000 crore. Isn’t it interesting?
In early 2023, Boeing declared a $100 million investment in infrastructure and programs to provide training to Indian pilots. This decision occurred when Air India signed firm orders of over 200 jets from Boeing, which included 20 787 Dreamliners, ten 777Xs, and 190 737 MAX narrowbody aircraft.
Well, as you all know that Bengaluru seems to be expanding towards the north side; Devanahalli is setting out to be the hub of the city, mainly due to the closeness of the Kempegowda International Airport. Moreover, the comfort of the forthcoming Blue metro line (KR Pura – Yelahanka – KIA), was approved in April 2021.
So, considering all these factors, these progressive decisions have caused improved job chances and further increased the demand for housing in the region and nearby areas. It is thus leading Boeing to expand its most comprehensive headquarters in this location.
Headquartered in Delhi, Boeing’s India operations consist of field service offices in Mumbai, Hindan, Rajali, and New Delhi and a rapidly expanding Boeing India Engineering & Technology Center (BIETC) in Bengaluru and Chennai.
Meanwhile, the US aerospace major company on Thursday has shared its strategy for improving engineering, manufacturing, and sustainment capabilities of the P-8I long-range maritime surveillance and anti-submarine warfare aircraft in India, in order check out for an extra order of six planes.
Currently, the Indian Navy has 12 P-8I aircraft.
The company said in a statement that it had already developed a significant economic effect, amounting to USD 1.7 billion to sustain the existing P-8I aircraft fleet in service with the Indian Navy.
Boeing said it has a vision to expand the P-8I fleet to 18 aircraft which will improve investments nearly USD 1.5 billion. It will further add indigenization opportunities within India’s aerospace and defense sector by 2032.
“Boeing’s commitment to advancing the Aatmanirbhar Bharat vision drives our dedication to the P-8I fleet,” said Salil Gupte, president of Boeing India.
“As we respond to the Indian Navy’s need for more P-8I aircraft, we are actively looking to enhance engineering, manufacturing, and sustainment capabilities in India, for India, and the world, benefiting both Indian and global customers,” he said at a media event.
Since its inauguration in 2013, the P-8I aircraft, based on the 737 next-generation platform, has become an important element of the Indian Navy’s fleet and has reached 40,000 flight hours with high mission readiness rates.
Boeing has done a vital part in setting up the Ashok Roy Training Simulator Complex at INS Rajali and the Kochi training complex, which started in April this year, said the officials of the company.