Tuesday, February 9, 2016

Boeing Plans To Set Up A Production Plant In India


Boeing is planning to have its own production plant in India for its product, F/A-18 Super Hornet

Boeing Corporation is taking geographical boundaries into consideration and is planning a construction of a production plant in India for its product, F/A-18 Super Hornet. The aerospace giant is having meetings with the Indian government for this plan and has further plans of making billion of dollar investment in the country.
If Boeing’s meetings and plans will be successful, the company will benefit immensely from this development, mainly because of the cheap labor the country has to offer, and even talented. Lower cost does not mean the workers of the country are any less skilled than others around the world.
The F/A-18 of the aircraft company is a twin engine, fighter plan, with features such as landing and taking off from a plane carrier. The aerospace company is not being hesitant to set a strong foothold in India, and is making everything possible for this to happen. A campaign that was launched by the government of India called, ‘Make in India’ is what is attracting many foreign companies to establish their businesses in the region.
The production plant plan of the aerospace company will have enough room in case of growth and demand of the product rising. Once the plant is set, the organization will have even more chances of expansion in the country and forming different categories of alliances. The aircraft manufacturer is hoping that the population of the country will grow to 1.6 billion, which mean a wider audience and market for the company.
India’s aviation business is expected to expand by 2030, and becoming the largest market according to International Air Transport. Boeing is aware of this analysis and is not willing to stay behind and is trying to gain access of the market before any of its rival step their game up.  However the company has to sadly wait for this to happen as the deal is going to be dependent on the government of India and the United States, and will have to take extra care with it is having negotiations or discussions with both these governments as a political outburst takes very less flames to happen.
Boeing’s biggest rival in the market, Airbus has already entered the country, since 1980 through an agreement with Hindustan Aeronautics Limited for the construction of its A320 doors. The aerospace giant has to hurry up before other companies get their hand on the cheap and skilled labor of the country before it does. Airbus already has an upper hand because it knows how to function in the region since it has been working there for very long time.



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