Tuesday, July 04, 2017

Centre clears decks for Dhirubhai Ambani Aerospace Park

Nagpur: Decks have been cleared for the construction of Dhirubhai Ambani Aerospace Park at Nagpur’s MIHAN SEZ, with the ground-breaking ceremony for the project likely to take place in the last week of July or first week of August.
On Monday, the Union Ministry of Commerce granted approval to the company as co-developer of the park. Maharashtra Airport Development Company (MADC), the nodal agency for developing the MIHAN (Multi-modal International Hub Airport at Nagpur) project, has the status of developer.
MADC Managing Director Suresh Kakani told The Indian Express, “We will sign the land-lease agreement within a fortnight and the ground-breaking ceremony might be held towards the end of July or the beginning of August.”
“The park will be developed in two phases, with the first phase coming up on 104 acres out of 289 acres in the SEZ area allotted to the company. This will mainly manufacture aircraft spares. The second phase will see the manufacture of Dassault aircraft,” Kakani said, adding, “When complete, the project is expected to generate more than 5,000 jobs.”
04/07/17 Vivek Deshpande/Indian Express