India, April 3 -- Tata Advanced Systems, a wholly owned subsidiary of Tata Sons, has bought a 7.4 lakh sq ft land parcel near Bengaluru for Rs.29.34 crore, documents accessed by analytics firm Propstack showed.

The company has purchased the land parcel located in Karnataka's Vemgal Industrial Area for aircraft manufacturing - final assembly line including maintenance, repair and overhaul (MRO), the sale-cum-lease agreement showed.

Final assembly line is a stage in manufacturing where all the components of a product are brought together to create the finished product.

The land is situated in the Vemgal 1st Phase Industrial Area, near Kolar-Chikkaballapur Road (SH-96), approximately 10 km from the Narasapura and Jakkasandra industrial zo...