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April 03, 2007 11:59 IST
Major global aviation and defence consortium, European Aviation, Defence and Space company will invest in an engineering centre in India to develop aviation software and aircraft designs for its planes and other systems.
The centre, for which land has been leased at the upcoming new greenfield Bangalore airport, would house units of major Indian software firms like HCL, Satyam and Infosys as well as some European companies to develop specific software and designs, EADS (India) CEO Yves Guillaume told PTI.
The software would be produced for defence systems as well as planes like the largest Airbus A-380s and A-350, which is in the pipeline, besides the Airbus military aircraft.
All investments on this centre of EADS, which has aircraft major Airbus Industrie as one of its business units, as well as the purchases over the next 15 years would amount to over two billion Euros.
Airbus recently backed an MoU signed between state-owned airline Indian and Bangalore-based Jupiter Aviation to establish an estimated Rs 300 crore (Rs 3 billion) worth Maintenance, Repair and Overhaul (MRO) facility in India to service the large Airbus fleet being acquired by several Indian carriers.
"The Airbus is roughly delivering one aircraft each week to either private or public sector airlines. It is cheaper for us as well as the airlines to get their fleet repaired here itself," Guillaume said, adding that the target date for the MRO to start operations was next year. The MRO could also be used by airlines from the neighbouring regions.
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