"Our partnerships with Indian suppliers play an important part in Boeing's strategy of establishing itself as a global industrial champion," said Ashwani Bhargava, Director, Supplier Management, Boeing India. "Our agreement with CIM Tools is another demonstration of our commitment to developing the aerospace industry in India."

"We never expected to become a direct supplier to Boeing in this short span and are ecstatic with the selection of Boeing," said Srikanth, one of the founders and director for business development and finance, at CIM Tools Private Ltd. "We are deeply honored with this escalation of stature in the business and shall strive hard to grow our business with Boeing with on-time deliveries to the required quality standards."

With the aim of building a world-class aerospace ecosystem in India, Boeing is expanding its collaboration with Indian industrial partners. Boeing in India has around 500 employees and more than 3,500 people work on dedicated Boeing supply-chain jobs with its 30 direct suppliers across manufacturing, engineering and IT sectors. The company continues to increase its footprint as direct and indirect suppliers and sourcing activities continue to grow rapidly.

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