Despite a slew of scandals and defense acquisition issues in India, Mark Kronenberg, vice president of international business development for Boeing Defense, Space and Security (BDS), remains upbeat about business opportunities in the South Asian nation. Kronenberg sat for an exclusive interview in New Delhi with Aviation Week's Jay Menon before the Farnborough International Airshow and discussed why he thinks Boeing is entering banner times in India. AW&ST: What are the opportunities that Boeing is eyeing in India?

A steep hike in aeronautical fees at one of the busiest airports in India is likely to dent domestic and international operations of the country’s airlines, which are already reeling from a severe cash crunch.

NEW DELHI — Boeing has moved a step closer to delivering the first P-8I aircraft to the Indian navy, with the flight-test program of the long-range maritime reconnaissance and anti-submarine warfare aircraft now under way. “The Boeing-led team is on track to deliver the first aircraft to the Indian navy in May 2013,” say company officials.