Giving wings to Amol Yadav’s dreams, India’s 1st aircraft manufacturing factory to come up in Palghar

NewsBharati    19-Feb-2018
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Mumbai, February 19: Magnetic Maharashtra Convergence seeks to draw trillion dollars of investments to boost the economy and vivid sectors of the state. Today the state government 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 Crores project, an official said. 

Amol Yadav created waves in February 2016, when he constructed a small aeroplane on his building terrace and displayed it at the ‘Make in India’ mega-event in Mumbai.

Maharashtra government then 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 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 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, CM Fadnavis met and formally handed over the DGCA certificate to Yadav, entitling him to undertake field and aerial tests on the rooftop built aeroplane.

Named as ‘VT-NMD’, for ‘Narendra Modi Devendra’, Yadav’s six-seater aircraft can soar up to 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.