Boeing announced on Friday that it had completed delivery of 22 AH-64E Apache and 15 CH-47F(I) Chinook helicopters to India. The order worth USD 2.1 billion was placed in September 2015.
Boeing and Tata plan for the joint venture to manufacture the fuselage of the Apache AH-64E attack helicopter for global customers at a new facility to be set up in Hyderabad.
Reactions from industry pointed out that the general rule remained the same, with investment restricted to 26 percent, subject to approval by the Foreign Investment Promotion Board.