Boeing Co., and India’s GMR Aero Technic will collaborate to set up a 737 freighter conversion line at GMR's maintenance-repair-overhaul facility in Hyderabad, India. This investment strengthens Boeing's expansion in India. It will be India’s first Boeing freighter conversion facility that will convert passenger aircraft into freight planes, to tap...
India's Jet Airways to Buy 75 Boeing 737Max Aircraft
To meet domestic passenger demand, Mumbai, India-based Jet Airways agreed with Boeing Co. to purchase seventy-five 737 MAX jets. Domestic passenger traffic in India has grown at more than 20 percent annually in the last few years. This is the third agreement Jet Airways has entered into with Boeing for...
India's Defense Ministry Plans $223 Billion Spend
India is planning to spend $223 billion on weapons over the next eleven years. Defense Minister Manohar Parrikar has asked his ministry to project the expected cost of upgrading and modernizing India's armed forces. An annual hike of 8 percent in capital spending will be allocated in each year's budget....