Boeing to set up logistics centre in India
Boeing will invest $24 million in the country to set up this facility.
Boeing announced this investment to support an efficient and cost-effective service solution for regional customers to maintain higher fleet utilization and mission readiness rates.
Today, more than 150 Boeing airplanes, including the Next-Generation 737, 737 MAX, 757, 777, and 787 Dreamliner, are operated by Indian commercial airlines.
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Salil Gupte, president, Boeing India: “The further expansion of our footprint in India with the India Logistics Center supports our long-term investment strategy for the country. We remain excited and committed as we provide critical service support towards the growth of the Indian civil and defence aviation ecosystem."
In the second phase, the India Logistics Center will cater to the larger network of Boeing’s customers in the region.
Through the Boeing India Repair Development and Sustainment (BIRDS) hub program, Boeing is already supporting local customers by creating an ecosystem of support packages and MRO capabilities with its partners.
Ashwani Bhargava, senior director, India Supply Chain, Boeing India: “A key element of efficient customer support is rapid response and distribution of replacement parts. The India Logistics Center will allow better responsiveness and build on Boeing's existing global reputation for the highest quality of customer service."
The fleet of Indian airlines is projected to nearly quadruple in size by 2041 compared to 2019.
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