Get Updates
Get notified of breaking news, exclusive insights, and must-see stories!

Boost For Bengaluru Airport: Air India, Tata Plan MRO Facility, Aircraft Modification Projects

Air India Ltd and Tata Advanced Systems Limited (TASL) have signed a Memorandum of Understanding (MoU) with the Karnataka government for a combined investment of Rs 2300 crore in the state's aerospace and defence sector. The MoU, formalized in the presence of Karnataka's Chief Minister Siddaramaiah and other dignitaries, aims to enhance the state's aerospace ecosystem and create approximately 1600 direct employment opportunities and over 25000 indirect jobs.

Karnataka Gets Major Boost: Air India, Tata To Invest Rs 2,300 Crore In Aerospace, Defence Sector

Under the MoU, Air India will establish Maintenance, Repair, and Overhaul (MRO) facilities at Kempegowda International Airport Bengaluru, starting with Airframe Maintenance. This initiative is expected to generate over 1200 highly skilled job opportunities. Air India also plans to enhance its connectivity over Bangalore, aiming to increase its direct connectivity to various global destinations.

TASL's investment will be directed towards implementing an Aircraft Modification, Conversion, Completion, and MRO facility for defence purposes, setting up an indigenous gun manufacturing facility, and implementing R&D in the aerospace and defence sector. These ventures are expected to generate over 450 highly skilled employment opportunities.

Chief Minister Siddaramaiah expressed his enthusiasm for the collaboration, stating that it would propel Karnataka's aerospace industry to new heights and augment employment opportunities. Minister for Large and Medium Industries and Infrastructure Development, Shri. MB Patil, emphasized Karnataka's commitment to fostering innovation, economic growth, and job creation.

Air India's CEO, Campbell Wilson, highlighted the agreement's significance in bolstering the state's aviation ecosystem and advancing Air India's mission to become a world-class airline. Mr. Nipun Aggarwal, Chief Commercial & Transformation Officer of Air India, emphasized the initiative's role in strengthening India's aviation infrastructure and boosting the growth of the country's MRO industry.

Sukaran Singh, CEO and MD of TASL, expressed pleasure in announcing the partnership, which marks a significant stride towards bolstering India's aerospace and defence manufacturing sector. Hari Marar, MD and CEO of Bangalore International Airport Limited (BIAL), praised the collaboration, stating that it solidifies Bengaluru's status as an aviation hub and aligns with the Government of India's vision to foster multiple aviation hubs across the nation.

This partnership signifies a major step forward in propelling the aerospace industry's progress, fostering innovation, and sparking economic growth throughout the region. With BLR Airport emerging as the primary hub for South and Central India, bolstered by investments in runway expansion and Terminal 2, Tata Group's vision is to establish Air India as a key player in global connectivity. Aligned with the goals of the Civil Aviation Ministry, this collaboration has the potential to elevate India into a dynamic aviation hub. Additionally, this initiative is expected to generate up to 25,000 indirect job opportunities, stimulate economic activity, and fortify the supply chain for over 200 SMEs in the state.

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+