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    Boeing's Make in India push: To invest Rs 1,152 crore to set up facility in Bengaluru


    0 Not allowed!
    It is a welcome initiative….

    More than 75 years ago TATA Airlines operated ‘Dakota’ DC-3 Air Craft in India and since 1960 Air India has been a customer of Boeing by acquiring 707 jetliners…

    This initiative going to be long time business partnership benefitting both the partners..
    Boeing's Make in India push: To invest Rs 1,152 crore to set up facility in Bengaluru



    Boeing will make aircraft components and subsystems at the facility, which will be built in 41.7 acres of land allotted to it in the Aerospace Park at Devanahalli.

    Global aerospace major Boeing would make aircraft components and subsystems at a new facility it would soon set up on the city's outskirts, a senior official said on Tuesday.

    "The state government on Monday approved Boeing's proposal to set up an engineering and technology facility with electronics and avionics manufacturing and assembly at an investment of Rs 1,152 crore," Karnataka Udyog Mitra Managing Director B.K. Shivakumar told IANS here.

    The facility will be built in 41.7 acres of land the American firm has been allotted in the Aerospace Park at Devanahalli, about 40km from the city, and adjacent to the Bengaluru international airport.

    "When commissioned, the Boeing facility will provide 2,300 direct jobs and many more indirect or associative jobs," said Shivakumar.

    The aerospace behemoth, which makes various types of aircraft for civil and military operations worldwide, has a global research and development centre in the city since a decade.

    Read more at: http://www.thenewsminute.com/article...engaluru-73077

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