Thursday, December 07, 2006

Essar group to set up MRO facility in T'puram

New Delhi: Essar Constructions (ECL), a part of the Rs 67,000 crore Essar group, has initiated talks with global players in aircraft maintenance, repair and overhaul (MRO) market to set up a facility in India, sources said.
" We have initiated talks with some major players in the MRO market and are seriously considering few strategic alliances for setting up an MRO facility in India," a source said.
The firm, sources said, has short listed Thiruvananthapuram as site for facility, and proposes to establish it along with Airports Authority of India on a build-operate-transfer basis.
Sources said Essar group has submitted an E0I with the civil aviation ministry for setting up this facility in Thiruvananthapuram.
Using Thiruvananthapuram as a base would also help tap the demand from Gulf markets.
07/12/06 Times of India
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