Air India, Tata Advanced Systems to invest Rs 2,300 crore in Karnataka

Tata Group-owned carrier Air India and plane parts-maker Tata Advanced Systems will invest Rs 2,300 crore in Karnataka for various projects, the state’s Chief Minister Siddaramaiah announced on Monday.

Out of the total investment, Air India will invest Rs 1,300 crore to conduct maintenance, repairs, and overhaul of planes at the Bengaluru airport, while Tata Advanced Systems will set up manufacturing and research & development facilities in the state, he said.

“As a result, 1,200 people will get direct employment, and more than 25,000 jobs will be created indirectly,” he said in a post on social media platform X.