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Mahindra & Mahindra to develop Aerospace SEZ in Bangalore

Mahindra & Mahindra is planning to develop an Aerospace SEZ in Bangalore and is in talks with Karnataka government for the same. The company has recently forayed into aviation sector with acquisition of two companies to make aircraft. It has also recently opened a new facility to make aircraft components in Malur in the outskirts of Bangalore. According to sources, the state government has identified 1200 acres in Devanahalli near Bangalore airport. It may be noted, few other companies like BEML and Dynamatic Technology are investing to set up aircraft component assembly units here.

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