Boeing bets big on India with $100 mn investment in infra

Boeing has announced a $100 million investment in infrastructure and programs to train pilots in India. This comes on the heels of Air India signing firm orders of over 200 jets recently from Boeing, which include 20 787 Dreamliners, 10 777Xs and 190 737 MAX narrowbody aircraft. The development also comes along with a flurry of deals signed by US and Indian companies on the sidelines of Prime Minister Mr Narendra Modi’s meeting with US President Joe Biden in Washington.  Boeing’s investment underscores the company’s recognition of India’s growing significance as a global aviation hub. By bolstering pilot training capabilities, Boeing aims to contribute to India’s ambitious aviation goals and the development of a skilled workforce in the industry, as per a report.

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