Boeing to make aircraft components near Bengaluru

Boeing would make aircraft components and subsystems at a new facility it would soon set up on the city's outskirts.

Published: 13th December 2017 01:33 AM  |   Last Updated: 13th December 2017 01:33 AM   |  A+A-

For representational purposes (File | Reuters)

By IANS

BENGALURU: Global aerospace major Boeing would make aircraft components and subsystems at a new facility it would soon set up on the city's outskirts, a senior official said on Tuesday.

"The state government on Monday approved Boeing's proposal to set up an engineering and technology facility with electronics and avionics manufacturing and assembly at an investment of Rs 1,152 crore," Karnataka Udyog Mitra Managing Director B.K. Shivakumar told IANS here.

The facility will be built in 41.7 acres of land the American firm has been allotted in the Aerospace Park at Devanahalli, about 40km from the city, and adjacent to the Bengaluru international airport.

"When commissioned, the Boeing facility will provide 2,300 direct jobs and many more indirect or associative jobs," said Shivakumar.

The aerospace behemoth, which makes various types of aircraft for civil and military operations worldwide, has a global research and development centre in the city since a decade.

The high-level high committee of the state Industry Department also approved the proposal of CDC Development India Ltd to set up a Technology Innovation International Park in the hi-tech, defence and aerospace Park at a cost of Rs 740 crore, with an initial job potential for 25 high-skilled techies.

"CDC has been allotted 100 acres of land in the Aerospace Park to build its tech park," said Shivakumar.

Universal Builders has been allotted 21.3 acres of land in the hardware park area of the aerospace park at a cost of Rs 525 crore for a housing project.

The committee has also cleared the Indian Coast Guard's proposal to set up a training centre at Mangaluru, about 350km from here, at an investment of Rs 1,010 crore.

"The training centre will be built in 160 acres of land in the New Mangaluru Port Trust at Panambur and will create 250 direct jobs," added Shivakumar.

Stay up to date on all the latest Bengaluru news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.