10 things employees should know about India BY DAN RALEY ndia is surrounded by some of the most inviting natural borders found anywhere, I staring up at the majestic Himalayan mountain range and looking out over the Arabian Sea, Bay of Bengal and Indian Ocean from more than 4,600 miles (7,400 kilometers) of continuous coastline. Yet this is a country also establishing new boundaries—foremost in aerospace. One of the world’s most populated places, India is experiencing unmatched economic growth, which, in turn, has spurred an aerospace boom. “Look across the world and there are very few places with the parameters that we find in India,” said Pratyush Kumar, president, Boeing India. “Today, 36 | BOEING FRONTIERS 1 India’s Gross Domestic Product grew in 2015 by 7.5 percent, unsurpassed among the largest economies worldwide. — The country’s 1.3 billion people, the second-largest population globally, include 800 million who are 35 years old or younger, which has helped create a robust middle class that has spending power. India, for example, has 1 billion mobile-device users. This expanding middle class has expressed a strong desire to travel, creating untold opportunities for airplane sales and corresponding alliances, said Marc Allen, president, Boeing International. “When we think about the value of building up our global scale and depth, we talk about three core aspects: capability advantage, cost and productivity advantage, and market advantage—and every single one of those is part of the India profile,” Allen said. it is the fastest-growing large economy in the world and expected to remain like that for the foreseeable future.” Boeing has a history with India that dates more than 75 years, beginning with Tata Airlines’ operation of a heritage company DC-3. This longstanding relationship, Kumar noted, involves the concentrated use of Boeing commercial and defense aircraft, partnerships in research and development with universities, agreements in manufacturing and sourcing, and Boeing’s large-scale India supply chain. As this aerospace connection evolves, following are 10 things Boeing employees should know about this nation. Photos: (Above) A view of Dashashwamedh Ghat, in Varanasi on the Ganges River. SHUTTERSTOCK (Far right, clockwise from left) A Jet Airways 737-800. SHUTTERSTOCK India is the largest non-U.S. operator of the C-17 Globemaster III; an Indian Navy P-8I maritime patrol aircraft. BOEING
Frontiers April 2016 Issue
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