Boeing Offers to Build Aerospace Capacity in India

In an interview with Hindustan Times in New Delhi, Dennis Muilenburg the CEO of Boeing who joined the plane maker as an engineering intern in 1985, became CEO in 2015, and now becomes chairman on March 1, discussed his plans for Boeing’s investment in India.

More than an investment in money is his vision of investing in skills, capabilities, infrastructure, and partnerships – a long term commitment to build aerospace capacity in India.

Subject to all government-to-government agreements, he thinks that there is a great opportunity for Boeing to bring the F-18 Super Hornet – a twin engine, supersonic, all-weather, multi-role jet fighter that is capable of taking off from an aircraft carrier – to India.

F-18 Super Hornet

F-18 Super Hornet

“We think there is a great opportunity for us to bring Super Hornet to India that will fulfill an operational need, but even more importantly think about it as a capability investment, and architect it as a broad industrial investment. [We will] build up a supply chain that has industrial capability, not only to design but also to manufacture for the full life cycle of the products. We see Super Hornet as an opportunity to do that, to tie directly with the Make in India strategy,” he said. “In terms of our ability to execute the project, ramp up supply chain and skills base, that is something we can move up on fairly quickly,” he added.

When asked about the key hurdles the company foresees, Muilenburg replied, “The key here is making this big step from a buyer of technology to [developing] indigenous manufacturing capability. That is why projects like Super Hornet have the mass and critical size that can accomplish that kind of objective. This requires big investment in skills and technology. Not many countries in the world have that capability to make that big step from supply chain capability to indigenous design and manufacturing capability. We think India has that capability and that’s why we want to invest here.”

February 23, 2016   No Comments

IATA: India Was the World’s Fastest Growing Aviation Market in 2015

India was the world’s fastest growing aviation market in 2015, expanding more than 20 percent, according to International Air Transport Association (IATA) in a December presentation, reports Bloomberg Business. The country’s air travel industry outpaced the 10 percent growth registered in China and 5 percent increase in the United States.

The local airline industry is reaping higher profits thanks to a sharp fall in oil prices, and this has boosted the value of shares in Indian-based airlines. “A sharp reduction in fuel prices remains a key trigger for margin expansion,” said Rashesh Shah and Devang Bhatt, analysts at ICICI Securities.

Jet Airways

Jet Airways

India is forecast to have almost 30 million outbound tourists by 2018, according to IGATE Research.

The Telegraph says India and China are among the fastest-growing markets for aircraft manufacturers Airbus and Boeing, which forecast that Asia will overtake the U.S. as the world’s biggest airplane market in two decades.

January 17, 2016   No Comments

Boeing Expands Research Center in India

Chicago based  aircraft maker, Boeing is expanding its research center in Bangalore and is also considering investing in Indian companies manufacturing aeronautical components, with a view to bolstering its supply chain.

“[The] investment environment in India is improving. Given that background, we are open to making equity investments,” said Pratyush Kumar, president, Boeing India. “We are rapidly expanding the supply chain in India and also helping create an aerospace eco system,” Kumar added.

Pratyush Kumar Vice President, Boeing International President, Boeing India

Pratyush Kumar
Vice President, Boeing International
President, Boeing India

The government’s Department of Science and Technology, Boeing, and the advanced machining excellence cell at the Indian Institute of Technology Bombay are part of the National Center for Aerospace Innovation and Research reports Business Standard.

Boeing and Tata Advanced Systems Limited signed an agreement to collaborate in aerospace and defense manufacturing. Similarly, Boeing collaborates with other Indian companies for the manufacture of components and parts for its civil and military planes and choppers.

December 4, 2015   No Comments

Boeing to Produce Apache Helicopters in JV with Tata

Boeing has partnered with India’s Tata Advanced Systems to create a manufacturing center to produce aero-structures for the AH-64 Apache helicopter, and for the development and selling of integrated systems. India’s Ministry of Defense is ordering a number of Apache’s for military needs.

AH-64 Apache

AH-64 Apache

Boeing and the Tata group companies have also established partnerships in India to manufacture aero-structures for Boeing’s commercial and military aircraft, reports Defense World.

November 22, 2015   No Comments

Attend Regional Convention of Overseas Indians, Los Angeles November 2015

Persons of Indian origin and Indo-philes alike are welcome to attend the 2015 Regional Pravasi Bharatiya Divas  (Overseas Indians) Convention hosted in Los Angeles for the very first time.

Sushma  Swaraj,  India’s External Affairs Minister who also runs the Ministry of Overseas Indian Affairs inaugurates the Convention at 6:00 PM on Saturday evening, November 14 at the Westin Bonaventure Hotel followed by dinner.  Discussions resume next morning, Sunday from 9 am until 5 PM.

Sushma Swaraj & John Kerry , September 2015

Sushma Swaraj & John Kerry , September 2015

Register for just $50 per person or $75 per couple.  Here is the registration link http://www.rpbdla.org/registration

“RPBD Los Angeles 2015”  is subtitled  “The Indian Diaspora: Defining a New Paradigm in India-US Relationship”, capturing the ethos of ongoing US-India relationship and the role played by the Indian diaspora. Amritt’s Gunjan Bagla will moderate one of the sessions.

Morning Discussion on

  • Smart Cities
  • Skill Development
  • Infrastructure Development
  • Waste Management
  • Swachh Bharat (Clean India)
  • Renewable Energy
  • Digital India
  • Cleaning the Ganges River

Lunch at 1 PM

Afternoon discussions on

  • Innovation & Entrepreneurship
  • Education, Skills & Vocational Training
  • Manufacturing

Other details are avaialble at http://www.rpbdla.org/

Note that the OIFC Business Meeting on Saturday, November 14 requires separate registration and is free.

 

November 7, 2015   No Comments