Boeing says plans to build on existing investments in India- $3.6 billion in economic impact to the Indian aerospace and defence industry

NEW DELHI, Aug 24 (Reuters) – Planemaker Boeing (BA.N) plans to build on its existing investments in India in areas such as defence supply chains and manufacturing, the company said on Wednesday.

The world’s second-largest planemaker is offering its F/A-18 fighter jet for sale to India’s armed forces and said the selection of the jet would help boost investments in the country’s defence industry.

“Boeing anticipates $3.6 billion in economic impact to the Indian aerospace and defence industry over the next 10 years, with the F/A-18 Super Hornet as India’s next carrier-based fighter,” the company said in a statement.

https://www.reuters.com/business/aerospace-defense/boeing-says-plans-build-existing-investments-india-2022-08-24/