Asia/Pacific

INDIA MAJOR MARKET FOR BOEING

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INDIA MAJOR MARKET FOR BOEING

Boeing says its hopes to earn $130 billion from India over the next 20 years. Better than expected performance in the country for Boeing, has led to the increase over the $100 billion projected last year.

Despite delays, Boeing claims it will clear its backlog of 107 aircraft worth over $14 billion in the next four years.

Boeing has also linked up with Air India for a maintenance, repair and over-haul (MRO) facility at Nagpur, which is expected to be ready in the next two years.