Tata Group subsidiaries, Air India and Tata Advanced Systems (TASL), are set to invest Rs 2,300 crore in Karnataka, towards establishing a Maintenance Repair and Overhaul (MRO) facility in Bengaluru, envisioning the city as the aviation hub of South India.

The investment is aimed at fostering economic growth and employment opportunities in the state, it added.

These investments are anticipated to create approximately 1,600 direct jobs and over 25,000 indirect jobs in the state, as per report.

A Memorandum of Understanding (MoU) was signed during the ceremony attended by Chief Minister Siddaramaiah and Large and Medium Industries Minister MB Patil.

Minister Patil said there is a need for government support in terms of clearances, approvals, and interventions for such initiatives, pledging assistance in overcoming any project-related challenges.