Joint venture in India

Boeing and Tata Industries are to form a joint-venture company in India that will make defence-related aerospace components.

Boeing and Tata Industries are to form a joint-venture company in India that will make defence-related aerospace components for export to Boeing and its international customers.

Under the memorandum of agreement signed by Boeing and Tata, the joint-venture will be established by June 2008, and shortly thereafter will begin work building components.

Initially, Boeing plans to issue contracts for work packages to the joint-venture company that involve components for Boeing's F/A-18 Super Hornet for the US Navy and Royal Australian Air Force, the CH-47 Chinook and/or the P-8 Maritime Patrol Aircraft.

A research and development centre for advanced manufacturing technologies is also being contemplated.

This is not Boeing's first foray into India. In December 2003, Boeing established a wholly owned subsidiary, Boeing International Corporation India Private Limited (BICIPL), to support the growing demands of India's aviation, aerospace and defence industries.