Reliance Group to set up Rs 6,500 crore aerospace project in Nagpur

[IndianMascot]

Anil Ambani-led Reliance Group plans to set up a greenfield aerospace project with capital investment of over Rs 6,500 crore in 289 acres of land in Mihan SEZ in Nagpur.

"We are deeply committed to defence sector. Our first acquisition was Pipavav. Project at Mihan would be the largest greenfield project not only in India but in South East Asia," Reliance Group Chairman Anil Ambani said.

 

[DashMajor]

OK so its in Nagpur, I thought near MP.

 

[IndianMascot]

Anil Ambani now looking for bigger things.

 

[DashMajor]

Yeah let he fulfill defence need because our Govt. agencies are near to close down.

 

[Technoglitch]

this defence is being launched with russian aid.

 

[scorpionking76]

After oil now defence, between is this pact making way for make in India

 

[Technoglitch]

Defence should not be given to third party as it might not be safe and suspectible to attacks.

 

[IndianMascot]

But we are importing everything and it's already in private hands bro.

 

[Technoglitch]

Importing the parts are OK but the handling of defence to private parties are not good.

 

[IndianMascot]

What's the difference. Threat is same in both cases.