Boeing Co will invest $118 million to set up a maintenance, repair and overhaul (MRO) facility in Maharashtra as part of the US aerospace firm’s India commitments, following the Rs 35,000-crore deal with Air-India. 
The venture, to be set up near Nagpur, will serve as an MRO facility to the Boeing family of airplanes for the entire South-East Asia. 
“The MRO will be set up in 25-50 acres of land belonging to the Airports Authority of India...AAI will transfer the land to the Maharashtra Airport Development Authority, which is developing an international cargo hub in Nagpur,” a top government official said. 
Boeing had received proposals from six states, including West Bengal and Karnataka, for the facility. 
“Boeing requested their centre should be near the air-strip in Nagpur. The MRO facility has been finalised by the Industrial Department of the state government during Chief Minister Vilasrao Deshmukh’s visit to the Boeing headquarters in Chicago,” the official said. 
While announcing its largest-ever deal for purchase of 68 aircraft with Air-India, Boeing said it would set up the MRO facility in the country. 
The Maharashtra Government has already cleared the international passenger and cargo hub project. The Maharashtra Airport Development Corporation will hold a 51 per cent stake in the venture while the rest will be owned by the Airport Authority of India.