Boeing, which has bagged orders for 68 aircraft from Air India worth over $11 billion at list prices, will invest $1.7 billion to buy goods and services from Indian companies.
The US aircraft manufacturer has already agreed to create a maintenance, repair and overhaul facility in Nagpur as part of its India commitments following the Air India order, besides set up a pilot training programme by funding some existing flying schools.
"The biggest piece is our commitment to India of $1.7 billion as part of this deal where we will buy goods and services from companies in India," Boeing's Senior Vice President (Sales) Dinesh Keskar told reporters yesterday.
"It is going to create a lot of potential jobs in India and at the same time transfer technology. We are working with quality companies in India like Infosys,