DHIRUBHAI AMBANI AEROSPACE PARK APPROVED AT MIHAN
The Reliance Aerostructure proposal for the development of the Dhirubhai Ambani Aerospace Park with related infrastructure facilities and services at Mihan SEZ (Nagpur) got the approval of Board of Approval (BoA) for special economic zone (SEZ) under the Ministry of Commerce, an official statement said here on Monday. "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," the statement said. Business at the aerospace park is expected to exceed Rs. 2,00,000 crore over the next 30 years, the company announced. "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...
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