India-Dutch Firm PAL-V Sign MoU To Set Up A Manufacturing Plant For Flying Cars In Gujarat

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India signs MoU with Dutch firm PAL-V to set up a manufacturing plant for flying cars and has aimed to commence production by 2021, according to the reports.

Written By Sounak Mitra | Mumbai | Updated On:
India

A Memorandum of Understanding was signed in the presence of Gujarat Chief Minister Vijay Rupani between state Industries Principal Secretary MK Das and Carlo Maasbommel, vice president of PAL-V's international business development. As per reports, flying car maker PAL-V of The Netherlands is planning to set up a manufacturing plant in Gujarat and has aimed to commence production by 2021. PAL-V stands for Personal Air-Land Vehicle. 

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Commercial production by 2021

A statement was released that said that the state government would help the Dutch carmaker to get all the necessary approvals from the Centre to set up the plant in Gujarat. Maasbommel said that his company chose the state of Gujarat for its world-class infrastructure, ease of doing business, and enhanced port and logistic facilities. He added that the car-maker company has set a target of commencing commercial production by 2021. He also said that the cars manufactured here would also be exported to the US and European Nations. 

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Flying car to sport dual engines

Maasbommel reportedly told the CM that the company has so far received orders to export 110 such flying cars. He, explaining about the product purportedly said that the PAL-V flying car will be sporting dual engines and can run at a maximum speed of 160 km on road and can fly at a speed of 180 km. The car has an ability to turn into a flying vehicle within just three minutes and can cover a distance of 500 km on a full tank. 

(Image Credit: Twitter)

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(with inputs from PTI)

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