February 18, 2016 1:51 am | Updated 8 months ago.
Boeing, an American aircraft manufacturing company has reported that it is outsourcing requirement from India has doubled in the last one year. The company confirmed that the India business which added up to $500 million in the last one year will register a rise.
The three companies that Boeing is associated with are TAL Manufacturing Solutions, a Tata Group company, Hindustan Aeronautics and a Bangalore based SME. Some of the critical parts of Chinook heavy lift helicopters are manufactured in collaboration with Boeing. Floor beams and ground support equipment for the C-17 aircraft are manufactured by TAL Manufacturing Solutions. Tata Advanced Systems Limited (TASL) has recently entered into an agreement with Boeing to develop defense manufacturing including unmanned aerial vehicles. Bharat Electronics Limited and HAL also have projects in the pipeline with Boeing.
The most important facet of the whole thing is the impact Boeing’s reputation will have in the American market where the word ‘outsourcing’ is openly criticized and considered harmful to America’s labour market.
Date of Publication: February 17, 2016