Boeing’s largest financial commitment outside the United States
Boeing, the renowned aerospace giant, marked a huge milestone with the inauguration of its India Engineering & Technology Center campus in Bengaluru. With an impressive investment of ₹1,600 crore ($200 million), this expansive 43-acre campus was officially inaugurated by Prime Minister Narendra Modi, reflecting Boeing’s largest financial commitment outside the United States.
Boeing’s Bengaluru facility will spearhead the development of cutting-edge aerospace solutions for both civil and defense markets worldwide. As of December 2023, Boeing has grown its engineering and research and development (R&D) workforce to over 6,000 employees, making it the company’s largest talent pool outside the United States.
In sync with Prime Minister Modi’s Atmanirbhar Bharat initiative, Boeing envisions its Bengaluru campus evolving into one of the most advanced examples of self-reliance and innovation.
Boeing’s engagement in India goes beyond its core operations, as the new campus in Bengaluru serves as a central hub for collaborations with Indian start-ups and academic institutions. The aerospace giant has partnered with 7 incubators, including prestigious names such as the Society for Innovation and Entrepreneurship (IIT Mumbai), Foundation for Innovation and Technology Transfer (IIT Delhi), and others. These collaborations underscore Boeing’s commitment to fostering innovation within the Indian aerospace ecosystem.
To further contribute to the growth of the aviation sector in India, Boeing launched the Sukanya Program. This initiative is designed to promote more girls to enter the country’s expanding aviation industry by providing opportunities to learn critical skills in science, technology, engineering, and math (STEM) fields. The program aims to establish STEM labs at 150 locations, fostering interest in STEM careers among young girls. Additionally, scholarships will be offered to women pursuing pilot training, reinforcing Boeing’s commitment to creating a more inclusive and diverse aviation workforce.
Thanking Prime Minister Modi’s transformative vision for India, David L. Calhoun, Boeing President and CEO, emphasized the company’s dedication to fostering aerospace innovation in the country. Stephanie Pope, Chief Operating Officer of The Boeing Company, highlighted the importance of the Boeing Sukanya Program in expanding opportunities for women across India to pursue careers and leadership roles in the aviation sector.