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19
February 2018
 |
Aviation(The Total Investment & Insurance Solutions)
The Maharashtra
government on Monday cleared the decks for India's first individual aircraft
maker Captain Amol Yadav to set up an indigenous factory for manufacturing
20-seater aircraft in Palghar in a Rs 35,000 crore project, an official said. The Total Investment & Insurance
Solutions
Yadav
created waves in February 2016, when he constructed a small airplane on his
building terrace and displayed it at the 'Make In India' mega-event in Mumbai.
The
Devendra Fadnavis government signed a MoU with Yadav's Thrust Aircraft Pvt Ltd,
India, to set up the plant to build small aircraft and develop Palghar as a new
aviation hub. The Total Investment
& Insurance Solutions
The
government had already announced that the company of the 41-year-old Deputy
Chief Pilot with Jet Airways, would be allotted around 155 acres of land in
Palghar, around 100 km from Mumbai, to implement the project as part of the
'Make In India' initiative. The Total
Investment & Insurance Solutions
The
ambitious Memorandum of Understanding agreement was inked in the presence of
Chief Minister Fadnavis and Yadav's company during the ongoing 'Magnetic
Maharashtra: Convergence 2018' global investors' conclave, which was
inaugurated by Prime Minister Narendra Modi on February 18.
The
milestone achievement for Yadav comes exactly 90 days after the
Directorate-General of Civil Aviation (DGCA) registered his home-built small
six-seater aircraft, which was painstakingly built over six years on the
terrace of his building in Kandivali suburb, from 2011.
On
November 20, 2017, Fadnavis met and formally handed over the DGCA certificate
to Yadav, entitling him to undertake field and aerial tests on the rooftop
built airplane. The Total Investment
& Insurance Solutions
At the
'Make In India' mega-event in Mumbai in 2016, Yadav had displayed the aircraft
for the first time attracting admiration from the visitors and dignitaries
alike, including Civil Aviation Minister P. Ashok Gajapathi Raju and Fadnavis.
Yadav
explained that the terrace of his three-BHK apartment is spread around 1,600
sq.ft and served as the cradle for India's first individual effort at creating
a full-fledged, airworthy aircraft from 2011.
He was
inspired after witnessing aviation buffs in the US buying old airplanes and
remodelling them into customised six or twelve-seaters.
Named
as 'VT-NMD', for 'Narendra Modi Devendra', Yadav's six-seater aircraft can soar
upto 13,000 feet, climbing at 1,500-feet per minute, achieve top speeds of 185
knots with a range of 2,000 km, or a flying distance of Mumbai-New Delhi.
On
Friday, President Ram Nath Kovind had invited Yadav, his wife Yogita, brother
and parents to Rashtrapati Bhavan for a courtesy meeting.The Total Investment & Insurance Solutions
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