Air Asia India is an Indo-Malaysian low cost carrier headquartered in Chennai, India. The airline is a joint venture with AirAsia Berhad invested 49% of the airline, Tata Sons invested 40.06% and Telestra Tradeplace having 10% investment in the airline. Tata's return to aviation industry after 60 years, having give up AirAsia India in 1946. AirAsia is the first non Indian airline to set up a subsidiary in India. Air Asia India begin operations on 12 June 2014 with Bangalore as its main center.