Read why Boeing intend to Invest $100 million in India
According to a statement made by the White House, Boeing has announced a $100 million investment in infrastructure and pilot training programmes in India.
This investment comes from Air India’s recent firm orders for more than 200 aircraft from Boeing, including 20 cutting-edge 787 Dreamliners, ten cutting-edge 777Xs, and 190 advanced 737 MAX narrowbody aircraft.
The orders underscore one of India’s largest airlines’ increased demand for and confidence in Boeing’s aircraft portfolio.
Boeing’s announcement of an investment in pilot training facilities demonstrates the company’s commitment to India’s aviation industry.
The funding will improve training facilities and programmes, ensuring the country’s future pilots can access world-class training and development opportunities.
The timing of this investment coincides with Prime Minister Narendra Modi’s travel to the United States and meeting with President Joe Biden. A flurry of agreements was inked at the summit, highlighting the two countries growing economic and strategic alliance.
Boeing’s investment demonstrates the company’s growing acknowledgement of India’s importance as a global aviation centre. Boeing hopes to contribute to India’s ambitious aviation goals and develop a qualified workforce in the industry by improving pilot training capabilities.
As Boeing continues to engage with India’s aviation sector, its investment will help the industry flourish and strengthen the relationship between Boeing and India.
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