The Maharashtra Government is all set with it’s ‘torch bearer’ act for the ‘Make In India’ initiative, with the first 20- seater commercial passenger plane to be made and launched by a pilot, Amol Yadav, who assembled this aircraft on the rooftop of his house in Charkop, Kandivali.
The state has planned to allot 46 acres of land in Palgarh to Amol Yadav. This aircraft will be the first of its kind to be manufactured in India. Yadav’s aircraft , TAC- 003 was the center of attraction during the Make In India week which was held in Mumbai in February this year.
Maharashtra Chief Minister Devendra Fadnavis, said that “his government will support Yadav” for the venture. Government officials said that Fadnavis has told them “to make sure that all necessary support is provided within the legal framework”. The price of this 20-seater plane will be significantly less than similar aircraft imported from abroad, told Yadav. This aircraft will ‘revolutionize air travel’ in the country. These aircraft can fly between smaller cities with tickets priced at less than Rs 2,000, which will improve air connectivity and boost tourism, added Yadav.
The state not only is planning to allocate the 40-acre land to Yadav for his project, but is also funding him and are talking with banks in this regard.A top state government official said that they would also be exploring whether Small Industries Development Bank of India (SIDBI) can extend a loan for this venture.