India’s first Aircraft manufacturing company will be in Maharashtra
In Magnetic Maharashtra summit, Maharashtra government signed Rs 35,000 crore pact with Amol Yadav for his dream project aircraft manufacturing company. The MoU was signed in the presence of Chief Minister of Maharashtra Devendra Fadanvis.
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The MoU between Amol and MIDC is expected to generate 10,000 jo opportunities in the near future. The project will spread over the 157 acres of land in Palghar district of Maharashtra.
Amol Yadav said “I have to make planes. I have demonstrated the capabilities. Fadnavis wants the first plane-making factory in the country to be in Maharashtra. The 157-acre plot was identified in Palghar. The MIDC will provide us land and support facilities like roads. My responsibility is to build the plane and create the factory which will be producing more, and also to look after factories to be set up henceforth. This will be an aerospace hub to make planes,”
In the first phase, the company will build a prototype 19 seater plane and three more similar planes for production.
Mr Yadav promoted Thrust Aircraft Private Limited company for manufacturing aircraft. His six-seater aircraft was the centre of attraction during the Make In India exhibition held in Mumbai in 2016.