Hyderabad Aerospace Park Gets First Tenant
News Aviation Daily Mar 03 , 2010 , p. 16 Neelam Mathews The opening of the CFM56 Customer Training Center at the strategically located GMR Aerospace Park — occupying space on either side of the runway at Hyderabad Rajiv Gandhi Airport — has led the way to more companies entering an arena that until now has failed to attract companies. The Aerospace Park plans to focus on attracting services such as MRO and manufacturing to realize offsets emanating from defense projects and logistics. It is in talks with an OEM for a helicopter assembly facility that are expected to be coompleted in three to four months, D. Ravindran, chief operating officer-aviation and aerospace business, said. Not naming the company, he added, “They have already got offsets [they are committed to].” GMR’s joint venture with Malaysian Airlines Aerospace Engineering for C- and D-checks now has another partner — Jet Airways — that plans to take up an equity of 11% initially and then increase it to 26%. Th...