Friday 02 06 2023 06:40:29 AM

Office Address

123/A, Miranda City Likaoli Prikano, Dope

Phone Number

+0989 7876 9865 9

+(090) 8765 86543 85

Email Address

Boeing to set up a plant in Hyderabad
Mr.G.Chandrasekar 2023-03-10 15:16:32 Logistics News (Airlines & Aviation)

Boeing to set up a plant in Hyderabad

US aircraft major Boeing has announced with it would set up a conversion facility in Hyderabad along with GMR Aero technic.

The facility would convert ageing 737 passenger planes into dedicated freighters to tap the regional cargo market

The deal adds to Boeing's $1 billion supply chain sourcing from India and will help support India's ambitions to become a global cargo hub, Chief Strategy Officer Marc Allen told reporters in New Delhi

The planned facility comes amid a push by Boeing to expand in India, including a 25 million US dollars investment to set up a logistics centre for airplane parts

Salil Gupte, president of Boeing India, said there was demand to convert more than 1,700 passenger planes globally into freighters over the next 20 years, with about 600 coming from Asia.

E-commerce demand and electronics manufacturing is growing in India, strengthening the outlook for freighters, he was quoted by media reports.

The proposed investment comes at the back of a record order received by Boeing by India’s flag carrier air India for passenger planes