A Delhi-based aircraft services firm has singned an agreement with the Dubai World Central to build an "ultra-modern" maintenance, repair and operations facility with an investment of USD 100 million in the Gulf region.
"It is a matter of pride for India as a country and indeed an honour for Haveus Aerotech India to be chosen as the first Indian company to partner with DWC to build and operate the first and most advanced MRO facility in the whole of the Gulf region," said Anshul Bhargava, director of Haveus, who signed the offer letter at a conference in London this week.
"This ultra-modern, technologically advanced MRO facility involves an investment of over USD 100 million," he said.
The facility spread over 9,000 square metres will cater to the demand of aircraft engine overhaul of CFM56-7B and 5B fitted on Boeing-737 and Airbus-A320 family aircraft in the Gulf, Far East, India and adjoining regions.
It will be able to service around 100 engines in a year.
In India, Air India uses similar engines and could benefit from this deal as the airline is among the partners of Haveus.
A DWC spokesperson said they found Haveus to have the right expertise and experience to make Dubai World Central- Al Maktoum International Airport world's biggest aviation hub.
Bhargava's long-term plan is to tie into the Indian government's Skills India initiative and train Air India engineers to gain employment in the new facility.
"The dream is to open doors and job opportunities for Indians in the global marketplace," Bhargava said.