Boeing opens warehousing facility in Uttar Pradesh for parts supply
The new India location is one of eight distribution centres around the world that holds and ships spare parts specifically for Boeing's commercial customers, it said.
)
02:00 PM IST
US aircraft maker Boeing on Monday announced the opening of a warehousing facility at Khurja in Uttar Pradesh for parts supply.
The 36,000-sq ft India Distribution Centre, being operated in collaboration with third-party logistics provider DB Schenker, will support regional aviation customers in maintaining higher fleet utilisation, the company said in a statement.
The new India location is one of eight distribution centres around the world that holds and ships spare parts specifically for Boeing's commercial customers, it said.
"This centre will support the emergent needs of spare parts for Boeing aircraft in India, reducing lead times, improving availability, and supporting the MRO industry here," Boeing India President Salil Gupte said.
Boeing had announced its investment in the distribution centre during the Aero Show in Bengaluru early last year. The first batch of the parts from the facility were shipped to customers in December 2023, it said in the statement.
The aircraft maker said it continues to enhance customer service by growing its global distribution network, including investing in, and developing regional distribution centres.
"The India Distribution Centre represents another significant step forward in Boeing's strategy to provide parts and services when and where customers need them," William Ampofo, vice president for parts and distribution services and supply chain, Boeing Global Services, said.
It also represents Boeing's commitment to delivering cost-effective solutions for the company's commercial airplane customers in the region, he added.
Positioned strategically along India's Eastern Freight Corridor, with proximity to both Delhi and the upcoming Jewar airport, the distribution centre reaffirms Boeing's commitment to supporting growth and self-reliance objectives in India, the company said.
"The complexities of warehousing and logistics, combined with Boeing's distinctive needs, provided us with an opportunity to build an innovative setup that meets the distinct spares support requirements of India's growing aviation industry," said Kinjal Pande, chief executive officer at DB Schenker, Cluster India, and Indian Subcontinent.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
PPF Calculation: How much will you earn in 18 years by investing Rs 5,000, Rs 7,000, and Rs 10,000 monthly in Post Office Public Provident Fund?
)
8th Pay Commission Pension Calculations: Is your current pension Rs 22,450, Rs 33,850, or Rs 39,400; know how much it can be at 2.0, and 2.08 fitment factors
)
Gratuity Calculation: What will be your gratuity on Rs 40,000 last-drawn basic salary and 6.3 years of service?
)
SBI Senior Citizen FD Interest Rates: Check calculations and know the maturity amount of Rs 4,00,000 investment in SBI FDs for 1-year, 3-year, 5-year and 10-year tenures
)
Monthly Income From One-time Investment: How Rs 14,00,000 one-time investment can generate Rs 2,44,000 monthly income for 30 years
)
Power of Compounding in One-time Investment: Rs 2.50 lakh investment for 30 years vs Rs 12 lakh for 16 years vs Rs 15 lakh for 14 years; which can give highest return?
)
Rs 58,860 Home Loan EMI vs Rs 58,860 SIP: Which can lead to quicker path to purchase Rs 77 lakh home? See calculations
)
Stocks to buy for long term: Analysts recommend buying largecap, midcap, smallcap stocks; note down targets
02:00 PM IST