Boeing Counting On India For Revenue
RENEE MONTAGNE, host:
NPR's business news starts with Boeing's flight plan for India.
In this recession many companies are shrinking, but Boeing is spreading its wings. Earlier this week, the aircraft manufacturer opened a research center in the southern Indian city of Bangalore. It will employ scientists and engineers and partner with Indian universities and government agencies. You could say Boeing is simply going where the customers are. India's developing economy hasn't been hit as hard by the recession. Boeing expects to deliver about 100 planes there in the next few years and is also is competing for billions of dollars worth of Indian military projects.
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