Vijayawada, Nov. 18 -- In a landmark moment for India's aerospace future, Sarla Aviation on Monday announced that the formal MoU for its upcoming 500-acre aerospace giga campus was signed and handed over personally by Andhra Pradesh CM N Chandrababu Naidu in the presence of union Civil Aviation Minister Ram Mohan Naidu and R&B Minister B C Janardhan Reddy.
Spread across 500-acres, this will be a next-generation integrated Urban Air Mobility (UAM) giga facility that will manufacture electric Vertical Takeoff and Landing (eVTOL) aircraft and power India's entry into the era of aerial mobility. With an initial investment of Rs 1,300 crore and significant additional investment planned in the future, the project positions India as a global cont...