Boeing to form JV with Tatas for making aerospace components-India Business-Business-The Times of India: "Manufacturing capabilities established within the JV firm would in later phases be leveraged across multiple Boeing programs, including the Medium Multi-Role Combat Aircraft (MMRCA) competition.
On the proposed MRO to be set up at Nagpur as a part of the offset for Air India acquiring 68 Boeing planes, US firm's President (India) Ian Thomas told reporters here, 'we have certainly decided to make the MRO operational by 2009.'
The US firm has committed to invest USD 100 million in the MRO project, besides investing additionally in a pilot training establishment for Air India as well as another for a school for training for pilots."
Thursday, February 14, 2008
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