Fly in, Fly out

It appears to me that I’m cribbing far too much here. It was only yesterday that the issue of Biocon pulling out of Bangalore was the focus of my post. Today, I’d like to know what has happened to that other huge project that Bangalore was supposed to be assured of:

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Airbus Industrie may tie up with Hindustan Aeronautics Ltd for setting up maintenance, repair and overhaul (MRO) facility in India


With domestic airlines placing huge aircraft orders worth Rs 100,000 crore (including Airbus and Boeing who are all set to sell aircraft worth Rs 45,000 crore to Air-India and Indian Airlines alone!) the skies were abuzz with talk of MRO facilities needed to service these aircraft. Each of the above two traditional rivals were to set up a MRO in India to service their aircraft.

Apart from these two formidable aircraft manufacturers, a slew of international maintenance, repair and overhaul (MRO) companies were drawing up plans to set up shop in India. Engine manufacturers like Rolls Royce, Snecma and Pratt & Whitney are also looking to set up MRO facilities in India. Bangalore was touted as an ideal location for such a facility as huge tracts of land would be available when the existing HAL airport would become vacant next year. Industry analysts projected that the market for MRO’s in India would be worth $100 million per annum. Thats a cool Rs 4500 crore!

It requires political will & interest to go out there, court these guys and get the investments into Bangalore. A whole host of benefits will accrue. But is anyone in Vidhana Soudha interested?

Even former BPL Mobile owner and Bangalorean, Rajiv Chandrasekhar was said to be eyeing the MRO segment given the cash pile he made on selling off his stake. It was reported that Chandrasekhar spent considerable amount of time with civil aviation minister Praful Patel recently during the Aero India show.

Here’s one loss:

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“….Boeing has already announced its $118 million MRO facility in Nagpur.”

As with the Biocon loss, here’s another that we can perhaps expect.

………..Indian has now been approached by Airports Authority of India to partner it in setting up an MRO facility at Hyderabad.

All those hi-flying days of Bangalore and its global image are but a memory, methinks!

4 Comments so far

  1. M O H A N (unregistered) on February 23rd, 2007 @ 2:07 pm

    This will revivie the ailing HAL, provide jobs, grow bangalore, increase problems all in one statement!


  2. Ravi (unregistered) on February 23rd, 2007 @ 4:21 pm

    Mohan!
    How does one get to think of solutions without problems? Which do you think Bangalore needs?
    Ravi


  3. Prashanth (unregistered) on February 24th, 2007 @ 7:58 am

    Personally I believe its better not to have Industries / Facilities which require huge tracts of land. I was sort of happy that we lost the Fab City to Hyderabad. Just looking at the water requirements seemed like it required a few TMC for its operation itself. In addition, the promises made ensure that the state doesnt get anything even after 10 years from Project start and in addition, land was to be provided (huge tract) at a very subsidized rate.

    Bangalore is finally becoming mature in my opinion. While most Hi-tech Industries are locating themselves here, Service Industries are finding it tough to survive due to the higher cost of living. Even in Silicon City (US), its the high end of Research that brought it laurels.


  4. sankethadiga (unregistered) on March 5th, 2007 @ 12:06 am

    Well, Bangalore’s cup of woes isn’t limited to these so near yet so far projects which never materialise due to plethora of reasons.

    The deteriorating conditions, the spate of riots and
    mindless violence, wouldn’t inspire even an ounce of confidence for the potential investors. The thing is, all people do is comment, somebody rightly said that comments are like a***oles, everybody has one!

    Right from the PM to every Tom dick and harry have voiced concers about the deteriorating conditions in our beloved city, but what have they allocated for this city to develop, there is only a token amount given as ‘alms’ by the central government to a project as prestigious as the Bangalore Metro. A measly 160 crore for a 6000 Crore upwards project! Amazing, considering that the Suburban Railway network in Mumbai has got an amount that is a lot higher than this… It’s all dirty politics, afterall, politics is the last resort of a scoundrel.

    My Blog



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