Nagpur, Dec 22: The automobile and aircraft spare parts plant of Tata Automotive Solutions (TAS), a Tata Group company, being set up near here would be commissioned in July 2008, Maharashtra Airports Development Company (MADC) Vice Chairman-cum-Managing Director R C Sinha said.
Speaking at a function here yesterday, Mr Sinha said the plant, estimated to cost Rs 700 crore, would be the first industrial venture to be commissioned in the special economic zone (SEZ) that is part of the ambitious Multi-modal International Air Passenger and Cargo Hub at Nagpur (MIHAN) project in the city. It would make Nagpur the second location in India, after Bangalore (Hindustan Aeronautics Limited), with a unit manufacturing aircraft spare parts, he said.
TAS had tied-up with aviation giant Boeing for supply of aircraft parts, Mr Sinha said. Construction of the plant had begun and was expected to be completed by February next, he also said. Mr Sinha said MADC would develop the airports of Amravati and Chandrapur in Vidarbha region on an area of 1,000 acres each. In addition, a private pilot training institute is proposed to be set up in Amravati, he added.
Incidentally, Boeing has decided to set up a maintenance, repairs and overhaul (MRO) hub in the MIHAN SEZ, and has also taken physical possession of the 75 acres of land needed to set it up.