Uttar Pradesh’s cabinet on Tuesday approved a policy to make way for the establishment of aircraft maintenance, repair and overhaul (MRO) centers in the state.
The government said that with no MRO establishment in India, the planes are currently being sent for repair and maintenance to places like Singapore and Dubai, resulting in additional expenses including foreign exchange. foreign, in addition to taking time.
In a meeting chaired by Chief Minister Yogi Adityanath, the cabinet also approved proposals to set up four data center parks with an investment of over Rs 15,950 crore in the state.
Under the Data Center Policy 2021, proposals from various investors to establish four data center parks have been approved. This will provide employment to about 4,000 people directly or indirectly, the government said in a press release.
“The state has huge potential to establish MRO hubs. Around 1,000 new aircraft are expected to be procured in the country by 2026. Currently, a few companies in Hyderabad and Bangalore are carrying out minor repair work. With the new policy, MRO hubs will be set up and will generate revenue for the state and create a large number of jobs,” the government said.
In addition, the cabinet approved non-financial incentives for NIDP Developers Private Limited and financial and non-financial incentives for three other investors – Adani Enterprises Limited Project-1 and Adani Enterprises Limited Project-2 and NTT Global Data Centers and Cloud Infrastructure India Private Limited.