INSUBCONTINENT EXCLUSIVE:
Boeing India president Salil Gupte has told TOI the US aerospace major is going to ramp up its sourcing from the country from current $ 1
Boeing and Airbus have together bagged firm orders for 970 aircraft worth $120 billion in the last four months alone from Air India and
Boeing may additionally get a significant wide body order from IndiGo which is testing these waters with two Boeing 777s wet leased (hired
on increasing sourcing that leads up to that: for components; higher value systems and parts of aircraft
FAL is relatively small in the overall value chain of an aeroplane, unlike say smart phones or electronics where a lot of value is added in
It is critical but (represents) less than 10% of the overall value of an aircraft
India at the moment is over $1 billion (Rs 8,200 crore) per year, of which roughly two-third is manufacturing, making it the biggest
original equipment manufacturer (OEM) importer from here
Over the last 18-24 months it has signed an additional $1 billion worth of contracts
been at the $1-billion level of sourcing from India for the last 2-3 years
During this pandemic time, aeroplane production rates went down significantly
While globally sourcing dropped in that period, in India it we stayed flat at a billion dollars
So you can imagine how fast the growth here was even when aircraft production rates were lower
Boeing and Airbus set up FALs here
Last year, Tata and Airbus decided to jointly make the C-295 transport aircraft for Indian Air Force in Gujarat
That certainly laid the groundwork for engine manufacturing in India
manufacturing plant in Hyderabad which is a JV with Tata
Even before you get to actual full scale engine manufacturing in India, there is a focus on MRO (maintenance, repair and overhaul)
Safran has announced plans to have an engine MRO in India by 2025, especially for the LEAP engines that powers the B737 MAX
was recently in the US for a state visit, Boeing had announced $100 million investment in India
That means there has to be the required training infrastructure in India
Many students currently go out of India for pilot training and for simulator sessions
We want as much as possible of that to be done in India
Much of our announced $100 million investment will go towards the simulator infra; software to support sims and on developing curriculum for
We will certainly have our involvement in this but much of that investment will be done via our partnership with CAE
