AI Engineering Services: Government company provides maintenance, repairing and overhauling services. The company expects the demand for MRO services to increase in the coming time…
The whole world has been witnessing a period of layoffs for the last one and a half to two years. Lakhs of people have lost their jobs during this period. Hardly any sector is untouched by layoffs. In this dreadful period of retrenchment, a government company has given relief news. The company is going to make new recruitments on a large scale in the coming days.
The number of employees will be this much
According to a news from news agency PTI, government company AI Engineering Services is preparing to make 1000 new recruitments soon. The government company is looking to increase its maintenance, repairing and overhauling capacity. The new recruitments are part of these efforts of the company. Before the proposed recruitment, the total number of employees of the company is around 5000. After the recruitment, their number will increase to around 6000.
Government preparing for disinvestment
AI Engineering Services Limited i.e. AIESL has given an average annual revenue of about Rs 2000 crore during the last 3 years. The company is also focusing on raising funding to expand its capacity. The government is planning to disinvest this company.
The company expects this
AI Engineering Services has hopes from the rise of India’s aviation sector. India is one of the fastest growing aviation markets in the world. Recently, Indian aviation companies have ordered about 1,600 new aircraft. As the number of aircraft increases, the demand for MRO services will also increase. Due to this, AI Engineering Services expects the demand for its services to increase and that is why the company is working on a plan to recruit 1000 people in the coming months.
Connection with Air India
The company provides many types of services including base and line maintenance. The company also provides overhaul service of landing gear, avionics accessories and components etc. Earlier this company used to be a part of Air India. Air India has now gone to Tata Group after disinvestment. After that AI Engineering Services is now working as a part of AI Assets Holding Limited.
