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Gujarat Govt sign MoU with Netherlands for production PAL-V flying cars by mid-2021

    Gujarat Government signed Memorandum of Understanding (MoU) with Netherlands in presence of Chief Minister Vijay Rupani here today to start commercial production of Personal Air and Land Vehicle (PAL-V) flying cars by mid-2021.

    The MoU was signed on behalf of PAL-V by International Business Development Vice-
    President Carlo Massbommel with Gujarat’s Principal Secretary for Industries M. K. Das.
    Speaking on the occasion, Mr. Rupani expressed happiness at the company selecting
    Gujarat among other states for its unit to build a New India. He said the state will assist the
    company getting necessary permission from Government of India. He exuded confidence
    the new plant will begin a new bright chapter in the state which has already become a
    manufacturing and auto hub as a role model of development in the country. He assured the
    company his government’s full support in the new venture.

    Impressed by Gujarat’s best infrastructure, logistic ports facilities, ease-of-doing business,
    Mr. Massbommel said the company narrowed down to Gujarat after studying the options for
    low cost production, favourable atmosphere and export facility. It has meanwhile received
    orders for 110 such flying cars from Europe and USA. The company has received
    necessary permission for commercial launch the flying car, fitted with Rotax engines
    capable of 160 kmph speed on road and 180 kmph in air to travel up to 500 km with full
    tank.Others present during the signing ceremony were Industries Commissioner Rahul Gupta
    and iNDEXTb Managing Director Neelam Rani.

    Source: Information Department, Gujarat