Mumbai: India's leading utility vehicle maker Mahindra & Mahindra Ltd signed an agreement here Friday for the design and development of a new aircraft with the state-owned National Aerospace Laboratories and the Council of Scientific and Industrial Research.
The multiple cargo and passenger aircraft is expected to be developed over a period of 36 months and will have a capacity of carrying at least five passengers, a Mahindra & Mahindra statement here said.
"The design and development of the aircraft will be done by Mahindra Systems and Technologies engineering wing-Plexion Technologies," it said.
The aircraft will have specifications that would meet both Indian and international standards, the statement said.
12/02/07 Economic Times
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Monday, February 12, 2007
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Mahindra to build aircraft
Monday, February 12, 2007
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