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Boeing bets on India R&D and supply chain, seeking turnaround Investment builds up U.S. aircraft manufacturer's largest overseas research base ARATA SHIGENO and RYOSUKE HANADA, Nikkei staff writers April 3, 2024 02:11 JST TOKYO/MUMBAI -- Boeing has turned to India as an emerging R&D and supply chain hub as it tries to recover from a series of incidents that have shaken confidence in the U.S. aerospace manufacturer. In January, Boeing opened a new engineering and technology center in the city of Bengaluru, known as India's tech capital. The campus cost 16 billion rupees ($191 million), which Boeing said is the largest investment of its kind outside the U.S. "Today, the middle class of India has 300 million people," said Ryan Weir, Boeing's vice president of commercial sales and marketing for India. "That's over two times [the population] of Japan -- almost the size of the whole United State with just the middle class." Weir said this demographic will fuel the growth of India's aviation industry going forward. Boeing first established a wholly-owned Indian subsidiary in 2003 and has operated a research and development facility there since 2009. The company has added about 1,000 workers annually over the past three years, and now the operation boasts 5,500 engineers, the largest headcount outside the U.S. The new technology center will coordinate with Boeing's U.S. arm to develop new aircraft models, underscoring India's higher profile within Boeing's umbrella. Boeing plans to form closer relationships with the over-300 suppliers in India. They provide structural components and electronic devices, among other deliverables. The U.S. company is expected to support suppliers by facilitating the adoption of high-efficiency production systems and training engineers. These efforts will help improve production across a wide scope. In India, Boeing is also engaging in local production of critical aircraft components. Last year, a joint venture between Boeing and Indian conglomerate Tata Group started making tail fin structures for the 737. Previously the joint venture mainly made helicopters. At Boeing, plants for assembling finished aircraft are only located in the U.S. But anticipation is high that the company will someday fully assemble airplanes on Indian soil.

Indian brands have signed 7+ deals with global brands in last 7 days! Here are 7 interesting partnerships recently got finalized: 1. Mahindra Aeronautics has signed a multi-year contract with Airbus Atlantic for manufacturing and delivery of metallic components for entire Airbus family of $100 million. 2. Tata Technologies is in talks in final stages to build a joint venture with BMW Group for their global project expansion. 3. FLY91, the regional airline, has signed a multi-year engine services agreement with Pratt & Whitney Canada for maintenance, repair and revamping of engines. 4. Sony Pictures Networks India has signed a 7-year deal with the New Zealand Cricket Board to broadcast all international games to India. 5. Indian Oil and Panasonic Group’s branch Panasonic Energy has signed a contract to form a joint venture for manufacturing lithium-ion cells in India. 6. Vedanta Limited - Power’s Sterlite Power has collaborated with Singapore’s GIC to form a joint venture for development and execution of power transmission projects across India. 7. JSW Group has built a joint venture with SAIC Motor (parent of MG Motor India) to manufacture new energy vehicles in India. Apart from these, talks are going on between Foxconn, Microsoft, Israeli firms, Volkswagen and others to form joint ventures in the country. In this situation, the Indian government’s focus on renewable energy, semiconductors, research and creation of ‘The Approved List of Models and Manufacturers’ to support today’s business leaders is appreciable. Also, India’s defence exports went to an all-time high and increased 32.5% to Rs 21083 Crore in FY24. P.S.- It would be interesting to see how PM Modi keeps promoting Made In India products and shapes India as the world’s 3rd largest economy. Did you see this exciting news? Do you think India is slowly becoming a global manufacturing hub?🇮🇳 Follow #debcreates and Debonkar Roy now for such case studies on India, brands, and CEOs! #manufacturing #business #india #investing #brand

𝗜𝗻𝗱𝗶𝗮'𝘀 𝗕𝗼𝗹𝗱 𝗠𝗼𝘃𝗲 𝘁𝗼 𝗗𝗶𝘀𝗿𝘂𝗽𝘁 𝘁𝗵𝗲 𝗔𝗶𝗿𝗯𝘂𝘀-𝗕𝗼𝗲𝗶𝗻𝗴 𝗗𝘂𝗼𝗽𝗼𝗹𝘆: 𝗔 𝗡𝗲𝘄 𝗘𝗿𝗮 𝗳𝗼𝗿 𝗔𝗲𝗿𝗼𝘀𝗽𝗮𝗰𝗲 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴 India is making significant strides to challenge the long-standing Airbus-Boeing duopoly, as highlighted in recent discussions by Prime Minister Narendra Modi. Leveraging the 'Make in India' initiative, the country aims to attract aerospace manufacturing, creating a competitive environment that could reshape the industry landscape. India's potential to disrupt this duopoly stems from its growing aviation market, substantial engineering talent, and favorable production costs. With Airbus already establishing an assembly line in partnership with Tata Advanced Systems and Boeing enhancing its presence through the Boeing India Engineering & Technology Center, the foundation is being laid for significant advancements. Although breaking into the highly competitive aircraft manufacturing sector is no small feat, India's strategic positioning and ongoing government support could eventually lead to the emergence of a new global player in commercial aviation. Stay tuned as India continues to navigate this challenging yet promising path towards becoming a significant force in the aerospace industry. #Aerospace #AviationIndustry #Innovation #Manufacturing #Engineering #Airbus #Boeing #AerospaceEngineering #AviationNews #IndiaRising #GlobalAviation #AerospaceManufacturing #FutureOfFlight #Barnbrook

India's progress is impressive, and its reputation globally is getting better. We hope this growth keeps going strong. Some worry it's too good to be true and might not last. What do you think? tell your thoughts in comment section

GREAT VISION, BIG FOCUS, TOP THOUGHTS

Flight towards self-reliance in Indian Aerospace: Special Purpose Vehicle to be made in India The government of India has taken a significant step towards strengthening the country's self-reliance on aircraft manufacturing. The new initiative, which aims to bolster commercial aircraft production on Indian soil, will have a far-reaching impact on the entire Indian aerospace ecosystem, including simulation companies like BosonQ Psi (BQP). Benefit small-scale businesses and technology providers: Increased Demands: The growth of the aircraft manufacturing industry will drive demand for advanced simulation services to accelerate research and development, design, and testing. Collaboration Opportunities: Can collaborate with aircraft manufacturers and component suppliers to develop innovative solutions that are sustainable. Cost Reduction: Engineering Simulation companies, like BosonQ Psi (BQP), can help reduce the costs of aircraft development and manufacturing by reducing material usage and optimizing manufacturing processes. Support: Technology providers can see more funds to support their growth, development, and industry. The initiative is expected to: Foster innovation: Encourage small and medium enterprises (SMEs) to adopt cutting-edge technologies and increase production. Attract investment: Drive significant investments in research and development and full-scale production facilities. Promote collaboration: Create a strong network of businesses and academic institutions. This strategic move underscores India's potential as a significant aerospace player. By establishing the country as a hub for aircraft manufacturing, India can become a major export of aviation products. The formation of the SPV and the involvement of industry stakeholders will foster collaboration and innovation. As the aviation sector grows, this development marks a crucial milestone in India's journey towards self-sufficiency and excellence in aerospace. Read more: https://lnkd.in/gu7sE_Cw #MakeInIndia #aerospaceInnovation

India is emerging as a key player in the global aerospace manufacturing sector, driven by its skilled engineering workforce, cost-competitive environment, and robust government support. Major international aerospace companies are increasingly outsourcing manufacturing and assembly work to Indian firms, drawn by the country's advanced capabilities in precision engineering and innovative technologies. Additionally, strategic initiatives like 'Make in India' and investments in state-of-the-art aerospace parks are bolstering India's integration into global supply chains. This expansion not only enhances India's economic growth but also solidifies its position as a crucial hub in the global aerospace industry.

Aequs Chairman & CEO, Aravind Melligeri Discusses Innovations Driving India’s Manufacturing Renaissance Today, I can proudly say that every new aircraft has a part made at Belagavi.” When one looks at manufacturing as an ecosystem, it is viewed as a streamlined, optimized, competitive, and efficient production method. Globally, manufacturing is primarily driven by quality, delivery schedules, and costs. Ultimately, manufacturing moves to the most efficient locations. Of course, economic and geopolitical conditions play important roles, but manufacturers, especially those engaged in contract manufacturing, tend to choose sites that offer the highest efficiency for production. Therefore, establishing ecosystems becomes crucial, particularly when the entire supply chain is vertically integrated within a single location. Over several decades, this approach has been successfully adopted in the aerospace industry and other sectors. Examples such as Wichita, Kansas, and Toulouse, France, showcase organically developed ecosystems capable of manufacturing an entire aircraft. In India, the commercial aerospace industry initially faced challenges. To foster rapid growth, the industry required an ecosystem. Recognizing this gap, we at Aequs established a special economic zone in #Belagavi, #Karnataka, to develop such an ecosystem. Aravind Melligeri Rajeev Kaul Chitti Pantulu Aequs Pvt. Ltd. Aequs INFRA Dynamic Manufacturing India Machine Insider INDUSTRY SAMURAI AWARDS Preeti Mishra Bhojaraj CN Nitika Sharma Dr Sachin Sabnis #aerospace #aerospacecomponents #makeinindia #india #technology #manufacturing #digitization #samuraiawards #samuraiawards2024 # https://lnkd.in/gacBpn8U

If you’ll be attending this year’s Growth Frontiers Global India conference, join my colleague Sidanth Rajagopal as he participates in sessions on day one and two of the conference. He’ll be sharing insights on the Indian aviation industry and moderating a panel on commercial aircraft manufacturing. For more info, and to learn more about our global aviation team: https://lnkd.in/gBRpkm_Y #aviation #aviationfinance

GE Aerospace pulled a surprise for India by announcing a strategic #investment of a whooping INR 240 crore (~USD 30 million) to #expand and #upgrade its #manufacturingfacility in Pune. This #expansion is another testimony to India's rising #aerospace manufacturing sector. India is already ventured into component manufacturing for #OEMs like Boeing and Airbus, #enginespares and #parts for defence entities and is now set on a path to manufacture a complete #engine for #fighterjets. India is fast approaching an era when it will have complete final assembly line, right here and fly our home-built planes very soon. Below is my brief overview of GE Aerospace and its #equation with #India John S. Slattery Vikram Rai Rami Aynati Frank Siegers Shweta Sharma Amit Kr Paladhi. ASP Alok Nanda Special thanks to Chaitali Bag and Indian Aerospace & Defence for this opportunity #aerospacemanufacturing #aerospacehub #MROhub #component #spares