Monday, March 27, 2023

Boeing: Boeing, GMR Aero Technic to set up cargo conversion line in Hyderabad – Usky News

New Delhi: Boeing and GMR Aero Technic Signed an agreement to set up a new Boeing converted freighter line in Hyderabad GMR Aero Technic is the first Boeing supplier in India with the capability to support future conversions of both domestic and foreign aircraft.
Chief Strategy Officer Mark Allen told reporters in New Delhi that the facility would add to Boeing’s $1 billion supply chain sourcing from India and help support India’s ambitions to become a global cargo hub. He did not provide any details on when the facility would be set up or the size of the investment.
Salil Gupte, President, Boeing India said, “Our collaboration with GMR Aero Technic is not only a testimony to the maturity of Indian MRO in the country to support the vision of Atmanirbhar Bharat, but also supports the projected growth of the Coorg sector in the region. Is.”
The planned facility comes amid a push by Boeing to expand in India. In February, the company said it planned to invest $24 billion to set up a logistics hub for airplane parts.
Flag carrier Air India has also placed a record order for nearly 500 jets, worth over $100 billion at list price, with both Boeing and Airbus.


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