US aircraft maker Boeing Co today announced the opening of the `Boeing Research & Technology-India' centre in Bangalore and projected sale of 100 planes worth $17 billion over the next four to five years to various airlines in the country.
Boeing, however, seems to have scaled down its 20-year projection of 1,001 planes worth over $105 billion for the Indian market to a more short-term projection of 100 planes for 4-5 years, but said its stood by the earlier forecast despite an economic downturn.
Boeing has not seen any cancellation of its order for civilian aircraft in India, though Jet Airways had deferred the order of two aircraft last year, Dinesh Keskar, president of Boeing India, said, adding that Boeing will pay compensation to Air India and Jet Airways for the delay in delivery of 787 Dreamliner.
''We clearly want to extend our footprint in India," Keskar said at the launch of the research and technology centre in Bangalore.
He said the Boeing centre will help sustain the company's competitive technological edge while enhancing India's aerospace capabilities.
This centre will carry out continued collaboration with Indian R&D organisations, including government agencies and private sector R&D providers, universities and other companies, Boeing said in a release.
''Boeing is partnering with the best researchers around the world to find the best technology solutions for our customers, and we look forward to working with our partners here in India on some promising new technologies,'' said John Tracy, Boeing chief technology officer and senior vice president Engineering, Operations & Technology.
''Boeing's research in India will break new ground in aero structures, aerodynamics and electronic networks with a team of senior researchers, scientists and engineers. This is Boeing's third advanced research centre outside the US, the others being in Europe and Australia. The centre will also coordinate the work of more than 1,500 technologists, including 100 advanced technology researchers, from across India on projects that will help define the future of aerospace,'' the release added.
''Boeing is defined by its technological edge,'' said Dinesh Keskar, president of Boeing India. ''Working with India's technology leaders helps Boeing assimilate new ideas and innovative processes into our products and programmes. This also is good for India because it helps grow the capabilities of the Indian R&D community to meet the emerging needs in country.''
The Boeing Research & Technology-India centre will build upon an already solid foundation of collaborative research projects in India.
Since 2007, Boeing has been working with the Indian Institute of Science and two leading Indian information technology companies, Wipro and HCL, as part of the Aerospace Network Research Consortium. ''This is India's first public-private aerospace research consortium and it is devoted to emerging network technologies and concepts,'' it noted.
Boeing is the world's leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined. Through Boeing Research & Technology organisation, the company conducts its own research and development and also works with top government, private and university research centers, and companies throughout the world, the release added.