Global aviation research and development think tank, Centre for Asia-Pacific Aviation (CAPA), plans to invest $125 million in setting up an aviation university in India, in collaboration with a Bangalore-based real estate firm, a report said.
The proposed academy would be the the world's first integrated aviation university and training campus, spread over a 50-acre site, with satellite academies in Delhi and Mumbai, Capa said today.
Capa has signed a joint venture agreement with Subramanya Construction and Development Company (SCDC) to develop the Capa AeroPark, the report said. There are plans for further roll-outs to other metro cities across India, South Asia and the Gulf.
The report added that Capa AeroPark would offer an university and international standard courses for airline and airport management, pilots, engineers, air-traffic controllers, cabin crew and regulators.
The fully-developed campus will include state-of-the-art academic facilities, together with full flight simulators, a flying school, engineering workshops and laboratories, research centres, accommodation for students and faculty, recreational facilities, a hotel and convention centre.
