Boeing Appoints Salil Gupte as New Business Leader in India
New Delhi, India, February 12, 2019 - Boeing [NYSE: BA] today announced the appointment of Salil Gupte as president of Boeing India, effective March 18. He will be based in New Delhi, serve as Boeing’s senior executive in India, and report to Marc Allen, president of Boeing International.
Gupte, who was vice president of Boeing Capital Corporation, a wholly-owned subsidiary of The Boeing Company, succeeds Prat Kumar, who was appointed vice president and program manager of Boeing’s F-15 fighter aircraft program in November 2018.
Gupte will advance the development and execution of Boeing’s strategy in India, integrate business activities across Boeing Commercial Airplanes, Boeing Defense, Space and Security, and Boeing Global Services, lead Boeing’s growth and productivity initiatives in India, and manage Boeing’s partnerships with India’s government and business stakeholders. He will lead a team of over 3000 employees and joint venture personnel located in New Delhi, Bengaluru, Hyderabad, Mumbai and Chennai. His leadership will extend to cover Boeing’s large supply chain presence in India, its engineering and technology center in Bengaluru, and Boeing joint venture with Tata in Hyderabad.
At Boeing, Gupte has played a leading role in Boeing Capital Corporation, which manages a USD three billion portfolio of aircraft and other assets while supporting all Boeing businesses with innovative financing solutions, working closely with customers across the enterprise. He also has experience in Commercial and Defense supply chain, overseeing manufacturing, sourcing, and fulfilment activities for Boeing products.
Gupte joined Boeing in 2009 in the services strategy and business development team of Boeing Commercial Airplanes. Previously he was with Citigroup and Goldman Sachs, as an investment banker in the aviation and infrastructure sectors. Gupte earned his MBA from Stanford University, and a Bachelor’s degree in Economics from Cornell University.
“Salil is an accomplished business leader, with a terrific set of commercial and services experiences,” said Marc Allen, president of Boeing International. “In leading the Boeing India team, he will build on Prat Kumar’s great work of growing Boeing’s business and partnerships in India and supporting the development of a thriving aerospace and defense industry for India."
“I’m thrilled to be joining my colleagues at Boeing India during such an exciting time, when the business is growing exponentially and we are building the future of global aircraft manufacturing, services, supply chain, engineering, technology and innovation, right here in India,” said Salil Gupte, president, Boeing India.
Boeing is the world's largest aerospace company and leading manufacturer of commercial jetliners, defense, space and security systems, and service provider of aftermarket support. Boeing is focused on delivering value to Indian customers with advanced technologies, is committed to creating sustainable value in the Indian aerospace sector – developing local suppliers, and shaping skill-development, academic and research collaborations with Indian institutions. Boeing has strengthened its supply chain with over 160 partners in India, and annual sourcing from India stands at $1 billion. Boeing currently employs 2500 people in India, and more than 7000 people work with its supply chain partners. The Boeing India Engineering & Technology Center in Bengaluru, undertakes complex, advanced aerospace technology-driven work and supports Boeing’s enterprise-wide engineering growth. Boeing’s joint venture with Tata produces Apache helicopter fuselages in Hyderabad. Boeing’s employee efforts and India engagement serves communities and citizenship programs to inspire change and make an impact on more than 200000 lives.