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SOURCE: API

Eknath Shinde, the chief minister, and Devendra Fadnavis, the deputy chief minister of Maharashtra, will meet with Prime Minister Narendra Modi in Delhi the next week to explore if Maharashtra can secure the Plant for the $22,000 crore Airbus-Tata military aircraft project.

In September of last year, the defence ministry signed to a 22,000 crores deal with the German company Airbus Defence and Space. Presently, Gujarat, Uttar Pradesh, Karnataka, and Madhya Pradesh are all in contention with Maharashtra to construct a manufacturing facility for these C-295s.

According to material in the public domain, a partnership between Airbus Defence and Space and Tata Advanced Systems Limited (TASL) will manufacture 40 planes in India within 10 years of the contract’s signing. Within 48 months of the contract’s signing, Airbus Defence and Space will deliver the remaining 16 aircraft in flyaway condition.