Reliance aerospace park in Nagpur gets approval
Jul 11, 2017: The proposal for the development of Dhirubhai Ambani Aerospace Park with related infrastructure facilities and services at Mihan SEZ (Nagpur) has received a nod from the Board of Approval (BoA) for special economic zone (SEZ) under the Ministry of Commerce.
An official statement said, "With the BoA nod, the Dhirubhai Ambani Aerospace Park (DAAP) at Mihan, spread over 289 acres, will become the largest greenfield aerospace park in the country. In the first phase, development will be spread over 104 acres and the second phase will cover an additional area of 185 acres."
Business at the aerospace park is expected to exceed Rs 200,000 crore over the next 30 years, the company said.
"The aerospace park will also be home to the Dassault Reliance Aerospace Limited joint venture, which is presently creating the state-of-the-art integrated eco structure to execute the Rs 30,000 crore offset program linked to the sale of 36 Rafale Fighter Jets." The construction at the aerospace park is expected to start by end of the month with production starting in the first quarter of 2018. The aerospace park with a proposed investment by Reliance of Rs 6,500 crore is expected to generate more than 10,000 skilled jobs, promoting 'Make in India' and 'Skill India' initiatives of the government.
In the first phase, projects like production of aircraft, electronic warfare systems, radars, unmanned aerial vehicles (UAVs), maintenance repair and overhaul for commercial aircraft and complete eco-system of tiered suppliers to support these large projects have been incorporated.
