ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

$100 million is to be invested in Simaero in India
AVIATION & AIRPORTS

$100 million is to be invested in Simaero in India

With a projected investment of $100 million in India to build the infrastructure for simulator-based pilot training, flight simulation and solutions provider Simaero will teach about 5,000 pilots over the course of five years, the French firm announced in a statement. The business offers training programmes and flight simulators for commercial aircraft made by Airbus, Boeing, ATR, and Embraer.

A significant allocation of Simaero's $100 million investment will go towards building the training centre's infrastructure and producing a skilled labour force in the area. In Delhi, NCR, plans are in motion to build a cutting-edge training centre; completion of the project is anticipated in the fourth quarter of 2024. Across 4,500 square metres, this facility will have eight full-flight simulators, beginning with the A320 NEO and B737NG aircraft types. In order to establish flight simulators and build training facilities for pilot training in India and the South Asian area, Simaero will gradually raise the necessary funds. With record numbers of orders for narrow-body and wide-body aircraft, big Indian airlines like IndiGo and Air India are expanding their fleets dramatically. Simaero foresees a huge need for flight simulator fleets to educate a large number of pilots. The record-breaking aircraft orders, which surpass the existing active fleet, are the driving force behind Simaero's desire to enter the Indian aviation industry. Over 1,200 Airbus and 470 Boeing aircraft are on order with Indian airlines. There are now over 12,000 pilots in India. A new Boeing study estimates that India will require almost three times as many pilots over the next 20 years to accommodate this growth.

Khushbeg Jattana will lead Simaero's team in India and is currently overseeing the entire project lifecycle, from initial planning and design to final completion and operationalisation.

With a projected investment of $100 million in India to build the infrastructure for simulator-based pilot training, flight simulation and solutions provider Simaero will teach about 5,000 pilots over the course of five years, the French firm announced in a statement. The business offers training programmes and flight simulators for commercial aircraft made by Airbus, Boeing, ATR, and Embraer. A significant allocation of Simaero's $100 million investment will go towards building the training centre's infrastructure and producing a skilled labour force in the area. In Delhi, NCR, plans are in motion to build a cutting-edge training centre; completion of the project is anticipated in the fourth quarter of 2024. Across 4,500 square metres, this facility will have eight full-flight simulators, beginning with the A320 NEO and B737NG aircraft types. In order to establish flight simulators and build training facilities for pilot training in India and the South Asian area, Simaero will gradually raise the necessary funds. With record numbers of orders for narrow-body and wide-body aircraft, big Indian airlines like IndiGo and Air India are expanding their fleets dramatically. Simaero foresees a huge need for flight simulator fleets to educate a large number of pilots. The record-breaking aircraft orders, which surpass the existing active fleet, are the driving force behind Simaero's desire to enter the Indian aviation industry. Over 1,200 Airbus and 470 Boeing aircraft are on order with Indian airlines. There are now over 12,000 pilots in India. A new Boeing study estimates that India will require almost three times as many pilots over the next 20 years to accommodate this growth. Khushbeg Jattana will lead Simaero's team in India and is currently overseeing the entire project lifecycle, from initial planning and design to final completion and operationalisation.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement