31 January,2009 11:40 AM IST | | PTI
Aircraft manufacturing major Boeing, which has announced plans to cut 10,000 jobs worldwide this year in view of the global economic crisis, would not lay-off employees in India, a top company official has said.
Though the global economic recession has already hit several sectors, Boeing announced the job cut while declaring its annual financial results a few days ago, Boeing Senior Vice-President Dinesh Keskar said here.
He ruled out any job cuts for now in India, a key market for the Chicago-based company that makes passenger, freight and military planes.
Keskar, however, said Boeing has orders for supplying 3,700 aircraft, worth $275 billion, to various airline companies across the world. It will take at least five years for the company to fulfil the business commitment.
The aerospace giant has a workforce of 1.76 lakhs worldwide in various segments, he said. Keskar expressed happiness over the slight improvement in the Indian aviation sector which was suffering huge losses a few months ago.
To a question, he said the US planemaker has supplied Boeing Business Jets (BBJs) to the Indian Air Force for carrying VVIPs like President and Prime Minister.
