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11-Jul2017

Reliance Infra gets approval for Aerospace Park near Nagpur: Report

Reliance Infrastructure has reportedly received government's nod for its planned $1 billion greenfield aerospace park spread across 289 acres at Mihan near Nagpur. With this, the company can now start working on the first unit by August and hope to complete it by first quarter of 2018.

All of the company's aerospace-related units will be based in this one location and it will invest around $1 billion on developing the entire part.

Reliance Infrastructure is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector.


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