Source: Knowledge Ecology International
11 March 2014
On 7 February 2014, the Boeing Company submitted a written statement to the United States International Trade Commission (USITC) investigation of India (No. 332-543) concluding that,
In Boeing’s experience, India has a legal framework that is adequate to protect IP with no known cases of IP violation involving Boeing’s activities in the defense and aerospace sector.
In preparation for its submission, Boeing conducted a detailed review of its activities in India “including the export of Boeing products, as well as sourcing activities” and determined that India had in place an adequate legal IPR framework for “Boeing’s aerospace and defense products in India.”
In its written submission, Boeing highlighted the fact that “Boeing is the largest single producer, by dollar value, of US exports to India.” In the Boeing 2012 Current Market Outlook for India, the company forecast that the Indian aviation market would “require 1,450 new commercial jets, valued at approximately $175 billion, over the next 20 years.”
In terms of Indian IPR legislation, Boeing commented that “Indian IPR laws applicable to the range of Boeing’s business activities in India are comparable to IPR regulations in other developed countries, as India is signatory to all major conventions and treaties on this subject.”