Boeing to set up hub in Nagpur
Boeing will also invest $75 mn in an aviation academy to train pilots, Boeing vice-president Dinesh Keskar said.india Updated: Apr 15, 2006 11:35 IST
American aircraft manufacturer Boeing is planning to set up a $100 million maintenance repair overhaul (MRO) hub in Nagpur, Boeing vice-president Dinesh Keskar announced on Friday.
"Boeing has decided to establish the MRO and would spend a total of $185 million on MRO and allied activities," Keskar said at a function where Civil Aviation Minister Praful Patel announced the launch of Nagpur-Bangkok flight from Saturday.
Boeing will also invest $75 million in an aviation academy in the city to train pilots, Keskar said, adding that the process for setting up the hub will commence soon.
The Boeing team, comprising Keskar and two others, had visited the city in January to explore possibilities of setting up the hub, he said.
This was a commitment as part of a deal with Boeing worth Rs 45,000 crore for procuring aircraft for India's domestic and international carriers, he added.
Boeing President and CEO James Mcnerney was in Delhi on Thursday and held discussions with Patel in this connection, sources close to Patel said.
Patel also announced that an Indian freighter hub would be set up soon in Nagpur. The operations of the freighter hub will be conducted by conversion of the existing 737 aircraft into freighters in a phased manner.