- Boeing Co to set up a facility in India to convert 737 passenger planes into freighters to tap into regional and global demand for the service.
- Global cargo demand in January fell almost 15% year-on-year.
- Boeing with partner GMR Aero Technic to set up a facility in Hyderabad over the next 18 months.
- $1 billion supply chain sourcing from India to help support India's ambitions to become a global cargo hub.
Boeing to set up 737 freighter conversion facility in India
Boeing Co said on Friday it would set up a facility in India to convert 737 passenger planes into dedicated freighters to tap into regional and global demand for the service.
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