Breaking News

You are here » Indian-Commodity  :  Corporate  :  Reliance Infra gets approval for Aerospace Park near Nagpur: Report

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.


Related News

View all news

Sadbhav Infrastructure Project's arm submits financial closure for Gujarat project

Sadbhav Infrastructure Project's wholly owned subsidiary -- Sadbhav Bhimasar Bhuj Highway (SBBHPL) has submitted draft financing documents to National Highways Authority of India (NHAI) in relation to......

Sunshield Chemicals gets MPCB approval to restart manufacturing activities

Sunshield Chemicals has received a communication from Maharashtra Pollution Control Board (MPCB) to restart the manufacturing activities subject to fulfilling Effluent treatment conditions.Sunshield Chemicals......

Quantum Build-Tech planning to expand, diversify business activities

Quantum Build-Tech is planning for expansion and diversification of business activities of the company. The meeting of Board of Directors of the company will be held on October 27, 2018, to consider the......

Top News

View all news

Hatsun Agro Product envisaging plans to set up dairy plant in Odisha

Hatsun Agro Product is envisaging plans to set up a dairy plant in the State of Odisha considering an attractive proposition for investment offered by the State of Odisha and has submitted 'Investment......

Tata Motors to launch new versions Tiago JPT, Tigor JPT: Report

Tata Motors is reportedly planning to launch two new versions of the car, namely, Tata Tiago JPT and Tata Tigor JPT, on October 26, 2018. In design, both cars look similar to their previous models Tiago......

Hero MotoCorp launches new Destini 125 scooter

Hero MotoCorp has launched the new Destini 125 scooter. The powerful Destini 125 aims to fortify the company's presence in the fast-growing 125cc scooter segment.The new Destini 125 will be available from......