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Godrej Aerospace to establish Rs 250 cr facility

Monday, 12 Sep 2022
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Godrej Aerospace is planning to make an investment of Rs 250 crore to build a new facility at Khalapur in Maharashtra to boost defence and aerospace manufacturing. 
The project is expected to be completed in three years period. The project will come up on a land size of more than 300 acre. 
Moreover, the company has also set aside Rs 100 crore for research and development (R&D) in the next two years. It is also increasing its R&D spending as it intends to switch from build-to-print to build-to-spec. 
Godrej Aerospace is working on two defence projects with HAL and DRDO to design the sub-components of Tejas aircraft. These come under BTS, and the company has a consortium with a start-up called Zeus Numerix for this project.
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