Boeing, Tata Announce Aerospace JV

21 July 2015 02:44 am

REUTERS: Boeing and India’s Tata Advanced Systems have agreed to work together on manufacturing aerospace and military equipment including unmanned aerial vehicles.

Boeing said in a statement that the two firms intend to sell into markets products that they have jointly developed.

New Delhi is trying to encourage more companies to manufacture in India and boost skilled employment, particularly in defence.

Tata Advanced Systems, which already works with Airbus and Lockheed Martin, is owned by conglomerate Tata Sons.