INDIA BUSINESS WORLD - JANUARY 16^th - JANUARY 31^st - 2008

BOEING SIGNS PACT FOR AEROSPACE RESEARCH

US-based aircraft manufacturer Boeing has said it has entered into a four-year agreement with the Indian Institute of Science (IISc), IT major Wipro and HCL Technologies to develop wireless and other network technologies for aerospace related applications. The agreement can be extended based on mutual interests, Boeing said in a statement, but did not mention the financial terms of the pact. As per the agreement, Boeing, IISc, Wipro and HCL would form the country's first public-private aerospace research consortium -Aerospace Network Research Consortium (ANRC). "We look forward to working with our Indian partners to benefit from their capabilities and talent in this area," Boeing India Engineering and Technology Vice-President Naveed Hussain said.