Boeing Sees Bright Future in India as Clouds Persist Over China
- US manufacturer is trying to seal major order with Air India
- Not much demand for new capacity in China at the moment: Bruns
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Boeing Co. sees India as key to offsetting sluggish business in China, its biggest overseas market, as it tries to seal a massive aircraft order from the South Asian nation’s flag carrier and expand its presence in the country.
“With uncertainty around China, the Indian market is increasingly important to us,” John Bruns, Boeing vice president of commercial sales and marketing in India and Southeast Asia, said in an interview with Bloomberg News on Friday.