Maini Precision Products (MPP) said it has inaugurated its new dedicated aerospace manufacturing plant at Bommasandra Industrial Estate, Bengaluru.
The 60,000 sq.ft large facility, the company said, was inaugurated by R V Deshpande, Minister for Medium and Heavy Industries, Government of Karnataka.
Gautam Maini, managing director, Maini Precision Products, said, “The facility that originally housed Maini Materials Movement (MMM) and subsequently Reva Electric Car Company has been completely renovated with additions at a cost of Rs 7 crore comprising an area of office and factory of 60,000 sqft. Earthwork has started on Phase 2 and will be completed by June 2018 with an additional 40,000 sqft. This will create a base for the aerospace division to grow on an exponential basis to at least 400 per cent from the current level it is at.”
Dr Sudarshan K Maini, founder, Maini Group, said, “this for me is one more in the many stages of a momentous journey. It is a journey that has seen many challenges and triumphs, one that I’ve shared with many extraordinary fellow travelers the journey continues, towards new destinations, with ever more opportunities waiting to be met.”
Image Credit : eletimes.com