Mahindra to launch first small aircraft in India in 2 years

Mahindra Aerospace, the aircraft and components manufacturing arm of Mahindra group, will start producing the first eight-seater aircraft in India in the next two years. "You can expect that within......

This Diwali, buy a Mahindra aircraft for the price of a Ferrari

India's first private sector made civilian aircraft -- NM5 -- is all set to take off within the next six weeks. Developed by Mahindra Aerospace and NAL, it costs up to Rs 1.8 crore (Rs 18......

M&M plans to make aircraft, components in India

Mahindra & Mahindra is planning to invest Rs 250 crore (Rs 2.50 billion) in the aerospace business. It plans to set up component and aircraft manufacturing facilities in India, Mahindra Group vice......

Auto parts cos drool over aviation, defence space

A week ago, the Mahindra & Mahindra group bought majority stakes in component firm Aerostaff Australia and aircraft maker Gippsland Aeronautics for Rs 175 crore (Rs 1.75 billion). Aerostaff......