Peter Harbison, Chairman, CAPA AeroPark stated that, “Since we announced in November 2010 that CAPA and SCDC had entered into a US$125 million JV to establish CAPA AeroPark, the response from airlines and airports has been overwhelming. There is quite clearly an urgent need for training to support the 20% market growth being achieved in India.”
CAPA AeroPark will service training needs for India, the Middle East and Asia and is projected to handle more than 10,000 students per annum by 2015.
Mr Harbison added, “Aside from civil aviation requirements, announcements at Aero India 2011 have clearly demonstrated huge potential in the aerospace sector, in both research and manufacturing. But this requires a skilled workforce with specialist education and expertise. CAPA AeroPark will enable the emergence of these new industries in India, resulting in a significant positive contribution to economic development.”
CAPA AeroPark will establish satellite academies in New Delhi and Mumbai by the end of 2011. The flagship campus on a 50 acre greenfield site off Sarjapur Road, Bangalore will be ready to receive students by late 2012. However, due to stronger than expected market conditions, the project will now see the addition of a new, state-of-the-art urban campus in Bangalore, set to open by September 2011.
“With our partners, SCDC, we are delighted to have secured a premium grade commercial development for CAPA AeroPark, in the prestigious Whitefield district of Bangalore, which offers up to 300,000 square feet of built-up area with further room for expansion. Construction is nearing completion and we will shortly commence the internal fit-out to meet the specifications of an international standard aviation training centre,” commented Mr. Harbison.
The Whitefield campus will offer a comprehensive range of vocational and academic courses for pilots, engineers, cabin crew, management, air traffic controllers and regulators. It will host not only computer-based classrooms, libraries and workshops but plans include setting-up India’s most comprehensive Safety and Emergency Procedures Centre. The world’s leading aviation education and training providers have already committed to partner with CAPA AeroPark.
Meanwhile, locations for the satellite academies in New Delhi and Mumbai have been shortlisted and the greenfield 50 acre site in Bangalore is being prepared for development.
Mr. K.N.Balasubramanyam, Chairman of the substantial Bangalore-based SCDC Group stated that, “we are very excited to fast-track the opening of CAPA AeroPark at Whitefield in Bangalore, while continuing with our vision to develop a fully integrated greenfield campus off Sarjapur Road. This initiative is a clear demonstration of our commitment to delivering and responding to industry requirements.”
Note to editors:
About the Centre for Asia Pacific Aviation
CAPA is the leading global aviation knowledge practice, delivering market analysis and data to support strategic decision making at hundreds of the most recognised organisations in the industry. Established for 20 years, CAPA has developed an unrivalled reputation for independence, insight and integrity. CAPA opened a New Delhi office in 2003 and has since developed a reputation as the leading aviation consulting and research practice in South Asia, offering expertise in diverse areas such as airline business planning, traffic forecasting, airport privatisation and strategic planning, travel distribution, business aviation and capital raising. CAPA India holds positions on numerous government and industry committees under the Ministry of Civil Aviation, the Directorate General of Civil Aviation, the Prime Minister’s Office, Confederation of Indian Industry and the Federation of Indian Chambers of Commerce and Industry.
Head Office, Sydney:
Binit Somaia, Director South Asia
Tel: +61 2 9241 3200
New Delhi Office:
Kapil Kaul, CEO South Asia
Tel: +91 11 2341 4440
About Subramanya Construction & Development Company (SCDC)
The SCDC Group is a privately-held premier property developer based in Bangalore, with real estate assets across South India and Mumbai. The Group’s core expertise is in developing technology parks, integrated townships and commercial properties, which is now being leveraged to expand into exclusive residential, luxury hotels and retail projects. SCDC has also commenced diversification into areas such as private education, aviation, tea plantations and technology, which will progressively continue over the next 5 years. It has recently made an investment in Notion Ink, developer of a new revolutionary mobile computing device, the Adam. CAPA AeroPark is the Group’s first major foray into private education and will shortly be followed by initiatives in healthcare and hospitality.
Nagesh Balasubramanyan, Director
Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.