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Boeing bets on India R&D and supply chain, seeking turnaround

TOKYO/MUMBAI -- Boeing has turned to India as an emerging R&D and supply chain hub as it tries to recover from a series of incidents that have shaken confidence in the U.S. aerospace manufacturer.

In January, Boeing opened a new engineering and technology center in the city of Bengaluru, known as India's tech capital. The campus cost 16 billion rupees ($191 million), which Boeing said is the largest investment of its kind outside the U.S.