Peter Paul Pratter’s Post

Bengaluru's Whitefield is buzzing with big news! Airbus secures a colossal office space at Titanium Tech Park to drive global innovation. What does this mean for the city's real estate and tech landscape? Let us know in the comments and stay tuned for more updates on Bengaluru’s transformation! #Realestate #Airbus #Investments #RealEstatetrends #RealEstateupdates #Bengaluru

France-based aerospace giant Airbus has reportedly leased 650,000 sq ft of office space in Bengaluru’s Whitefield to set up its Global Capability Centre (GCC). According to an ET report, the 10-year lease, valued at over Rs 500 crore, secures an entire building in Titanium Tech Park, marking a major step toward strengthening Airbus's technology and innovation operations in India. The report said that the state-of-the-art facility will focus on driving innovation, technology development, and engineering initiatives to support Airbus’s global operations. The agreement also includes a scalability clause, enabling Airbus to expand its office space by an additional 150,000 sq ft after one year, potentially increasing the total leased area to 800,000 sq ft. Furthermore, the lease offers an option to extend the tenure by another five years, effectively making it a 15-year arrangement, the report added. Credit : #indianstartupnews

🌟 A Big Move by Airbus India! 🌟 Airbus has made a landmark decision by leasing a massive 650,000 sq. ft. office in Bengaluru for the next 10 years, paving the way for establishing its Global Capability Center (GCC). This is not just a real estate expansion; it's a testament to India's growing significance in the global aerospace ecosystem. Why is this a Game-Changer? This move signifies Airbus' confidence in India's talent pool and innovation potential. With the GCC, Bengaluru is poised to become a hub for advanced aerospace research, development, and design, driving technological breakthroughs in commercial and defense aviation. Why Bengaluru? The Perfect Fit: 1️⃣ Talent Pool: With its world-class universities, research institutes, and engineering talent, Bengaluru is a powerhouse for aerospace innovation. 2️⃣ Ecosystem: The city is home to established aerospace and defense organizations like ISRO, HAL, and DRDO, creating unparalleled opportunities for collaboration and knowledge exchange. 3️⃣ Start-Up Hub: Bengaluru's vibrant startup ecosystem fosters creativity and technological advancements, complementing Airbus' innovation goals. 4️⃣ Connectivity: With its well-connected airport and strategic location, Bengaluru offers seamless access to global markets and Airbus’ partners worldwide. This step is a significant boost for India's aerospace R&D capabilities, enhancing our global reputation as an engineering and innovation hub. As an Airbus employee, I am thrilled to witness this transformation firsthand and proud to contribute to this new era of aviation design and technology in India. Conratulations to Airbus Aircraft Airbus Helicopters Here’s to a future of innovation, collaboration, and excellence! 🚀✈ #AirbusIndia #Bengaluru #AerospaceInnovation #GlobalCapabilityCenter #EngineeringExcellence #aerospace #aviation #design #Research #airbus #helicopters #karnataka #Innovation #India #Madeinindia

🚨 Airbus leases 650,000 sq ft office in Titanium Tech Park, Whitefield, Bengaluru for 10 years to set up a GCC.

Airbus decision to expand GCC space reinforces the commitment of Airbus to support growing aviation sector in India. #airbus #india #indianaviation Simi Vinod Chidanand SH Sanjeev Gupta Viswanathan Rajendran Shobha Kulavil

Airbus Expands Its Wings in India: Bengaluru Welcomes the New Global Capability Centre In a landmark development for India’s aerospace sector, Airbus has signed a lease for 650,000 sq. ft. of office space in Bengaluru's Whitefield to establish its Global Capability Centre (GCC). This investment, valued at over ₹500 crore, is part of Airbus's long-term strategy to strengthen its global operations through innovation, technology, and collaboration with Indian talent. Key Highlights: ·      The GCC will occupy an entire building in Titanium Tech Park, with an option to expand by 150,000 sq. ft. after one year, bringing the total to 800,000 sq. ft. ·      A 10-year lease with a 15% rent escalation every three years and an option to extend for five more years. ·      The centre will drive technology and innovation while supporting Airbus’s global operations. Fit-out work for the space is set to begin soon. ·      Airbus already operates an engineering centre in Bengaluru and collaborates with Tata Advanced Systems and Hindustan Aeronautics Limited (HAL) on aircraft manufacturing, including the ‘Make in India’ C295 aircraft programme, with the first delivery planned by 2026. Why This Matters: ·      With India’s civil aviation market growing rapidly, Airbus’s investment reinforces India’s position as a global hub for aerospace innovation. ·      The GCC will create numerous job opportunities, drawing from India’s skilled workforce in technology, engineering, and innovation. ·      This centre underscores Airbus’s commitment to supporting India’s vision for self-reliance and global competitiveness in manufacturing. ·      Known as the Silicon Valley of India, Bengaluru further cements its position as a preferred destination for global corporations, inspiring others to establish their presence here. ·      As global giants like Airbus establish GCCs, the government may revisit land use laws, labour codes, and taxation policies to make India even more business-friendly. #Aerospace #LegalAnalysis #MakeInIndia #FDI #TaxIncentives #EmploymentLaw #CorporateLaw #Airbus #GlobalCapabilityCentre https://lnkd.in/dnvJB_6c Disclaimer: The Content in this post is for informational purposes only derived from references and does not constitute any professional advice. We do not claim ownership of any data or Information referenced

🌟 Exciting Developments by Airbus in India! 🌟 Airbus has made two major strides in India, marking a new era of growth and innovation: 1️⃣ Setting up #Manufacturing in Gujarat 2️⃣ Establishing a #GlobalCapabilityCentre (GCC) in Bangalore These initiatives highlight India’s emergence as a global hub for both #manufacturing excellence and a #knowledge-driven economy. The projects are spearheaded by a Gujarat-based developer, bringing a strong boost to both the local economy and real estate in these key regions. 🔹 These developments highlight the increasing need for top-tier commercial spaces and #growthcapital to fuel this transformational progress. 🔹 The real estate sector is experiencing a surge, creating fresh opportunities in #investment, #commercialleasing, and #Commercialpropertysales. Are you exploring prime #commercialrealestate opportunities in Gujarat ? Let’s connect and discuss how you can be a part of India’s #growthstory! #realestate #investments #growthcapital #leasing #economicdevelopment #India #commercialleasing #BusinessOpportunities #ColliersIndia #ColliersAhmedabad

🚀 Airbus Expands in India! Airbus has leased a massive 650,000 sq ft office in Titanium Tech Park, Whitefield, Bengaluru for 10 years, setting the stage for a cutting-edge Global Capability Center (GCC) in the tech capital of India! 🌍✈️ #AirbusInIndia #Bengaluru #GlobalCapabilityCenter #InnovationHub #TechExpansion #MakeInIndia

Continuing with my series of #blog on "India emerging as Global aviation MRO hub", here is my second article "Success of Aviation MRO in Singapore". We all know how Singapore established itself as #aerospace city of future'. Before I cover challenges and opportunities #India face in aviation #MRO, its important to do a #casestudy of a successful country in this business and #Singapore is best case for the subject. A detailed #report is attached with this #post. However, its my endeavor to cover the important takeaways. 📌 Over the next two decades, #APAC (Asia Pacific) region is anticipated to contribute to almost 40% of the global #newaircraft deliveries, amounting to 42,000 planes, from 2018 to 2037. 📌 With a robust growth rate of 8.56%, Singapore's MRO industry now contributes over 25% of MRO #revenues in Asia and up to 10% of global output.  📌 In January 2018, the government unveiled the #AerospaceIndustry Transformation Map (#ITM), which intends to grow the aerospace industry by focusing on operational excellence, emerging technology innovation and talent development. 📌 Leading aerospace companies like #Airbus and #RollsRoyce have a substantial and long-standing presence in Singapore. 📌 Local titans like #STEngineering, and #SIA Engineering Company are still growing. With more than 130 aerospace companies in operation, Singapore is home to a sizable and varied ecosystem that provides engines, parts, and avionics for all-inclusive services from nose to tail. 📌 Singapore's market dominance has faced challenges from neighboring countries such as #Thailand, #Malaysia, and the #Philippines. However, the main area of competition lies in their lower labor costs. Despite Singapore's higher labor costs, its workforce is highly productive and consistently delivers exceptional work. This helps to counterbalance the expenses incurred. 📌 The MRO cost in Singapore is highly competitive due to efficient customs, excellent connectivity, and top-notch infrastructure. 📌 Singapore's MRO industry is supported by forward-thinking policies, cutting-edge research and innovation, and a skilled domestic talent pool, which sets it apart from other nations. 📌 Rolls-Royce, SIA Engineering, and the Singaporean government have jointly invested up to $60 million in a collaborative laboratory to explore advanced manufacturing technologies like #3D printing and #robotic solutions. 📌 SIA is leveraging data analytics to offer innovative solutions such as #inventorymanagement and #predictive maintenance to its clients. Additionally, the company is utilizing #drones for improved aerial aircraft inspection, while #additivemanufacturing techniques enable faster and more cost-effective production of spare parts 📌 Singapore's aerospace and satellite industry employs approximately 21,000 highly skilled and trained #workers. Students have the opportunity to learn in a practical environment with real aircraft and support equipment, including #flightsimulators.

European aerospace company Airbus is planning to increase its workforce in India to over 5,000 direct employees and aims to source services and components valued at $2 billion from the country within the next few years, a top company official announced on Thursday. Remi Maillard, President of Airbus India and Managing Director for South Asia, emphasised that the company’s engagement in India is gaining significant momentum. The announcement was made on October 25, 2024, as Airbus opened its new India and South Asia Headquarters -Training Center in Delhi, as reported by Times of India. Currently, the aircraft maker employs around 3,500 people directly in India and sources services and components worth 1 billion euros from the country. ----------------------------------------------- Looking to make an impact in the startup ecosystem? Visit https://lnkd.in/dkvpgxWB to see how we can work together. #airbus #employment #aerospace #india #employment #indianstartupnews