The 157-acre plot was identified in Palghar. This will be an aerospace hub to make planes," he said. We are planning for 1300 19-seater planes at present," he said. I have demonstrated the capabilities.In 2017, Fadnavis had assured all help to Yadav, 42, who hails from Satara district, to start manufacturing facility for indigenous 6-seater and 19-seater aircraft. The investment required for this will be Rs 200 crore, which is the immediate requirement and will be spent in the next six months," he said. The MIDC will provide us land and support facilities like roads," Yadav said."I have to make planes. The government will also help, he added. The engine supplied to me is 30 years old and a tested one," he said, adding he "fully owns" the company."Our target, from the Rs 35,000 crore investment, is very simple. We want to make 600 19-seater planes in the next 2-3 years and then take it to 1,300 planes after that.

"Rs 35,000 crore is the total amount of funds which will be required to achieve the broader targets.. "The government expects Rs 35,000 crore investment for not my company alone, but also for the ancillaries which will be a part of the hub," he said.The aircraft that was assembled on the terrace of a Charkop building, got the certificate of registration from the Directorate General of Civil Aviation (DGCA), in 2017."Pratt & Whitney is supplying me the engines at present."We have already identified many potential investors," Yadav said.Maharashtra government will help in getting the required funds, Yadav said.Mumbai: The dream of a commercial pilot to set up an aircraft manufacturing company is set to take wings with the Maharashtra government on Monday signing a Rs 35,000 crore pact with him to build aircraft.

The target is to create employment for 10,000 people. The investment figure is included in the MoU agreement but it will not be coming from me alone," he said."My responsibility is to build the plane and create the factory which will be producing more, and also to look after factories to be set up henceforth.The MoU, between Amol Yadav and MIDC, will lead to generation of around 10,000 jobs in the project, which will be spread over 157 acre of land in Palghar district.Yadav, senior commander with Jet Airways, has promoted Thrust Aircraft Private Limited company for manufacturing aircraft.His six-seater aircraft was the centre of attraction during Toyota Wheel Hub 43550-47011 the Make In India exhibition held in Mumbai in 2016."In the first phase, I am required to build a prototype 19-seater plane and three more similar planes for production. Fadnavis wants the first plane making factory of the country to be in Maharashtra.Maharashtra Chief Minister Devendra Fadnavis was present when the MoU, which enviغير مجاز مي باشدes Rs 35,000 crore investment in the project, was signed at the "Magnetic Maharashtra" global investors summit in suburban Bandra.

The list of 15 wealthiest cities was topped by New York with a total wealth of USD 3 trillion.Mumbai, also features among the top 10 cities in terms of billionaire population.Among the 15 cities listed, San Francisco, Beijing, Shanghai, Mumbai and Sydney were the fastest growing in terms of wealth growth over the past 10 years, the report said.7 trillion, followed by Tokyo (USD 2.4 trillion), Hong Kong (USD 1. Government funds are excluded from the figures.According to a report by New World Wealth, the economic hub of India is the 12th wealthiest city, followed by Toronto with a total wealth of USD 944 billion, Frankfurt (14th, USD 912 billion) and Paris (15th, USD 860 billion).

Major industries in the city include financial services, real estate and media”..3 trillion).“Home to the two largest stock exchanges in the world.Notable cities that just missed out on top 15 include: Houston, Geneva, Osaka, Seoul, Shenzhen, Melbourne, Zurich and Dallas, it added.5 trillion), and San Francisco Bay area (USD 2.It is also home to the Bombay Stock Exchange (BSE), the 12th largest stock exchange in the world.2 trillion), Shanghai (USD 2 trillion), Los Angeles (USD 1.Regarding Mumbai, the report said, “total wealth held in the city amounts to USD 950 billion. The city is home to 28 billionaires, individuals with USD 1 billion or more in net assets.

It includes all their assets (property, cash, equities, business interests) less any liabilities.London ranked second in the list with USD 2.Going forward, Mumbai is expected to be the fastest growing city (in terms of wealth growth over the next 10 years), it added.Others in the list include Beijing (USD 2.Total wealth, refers to the private wealth held by all the individuals living in each city.3 trillion), Sydney (USD 1 trillion), Singapore (USD 1 trillion) and Chicago (USD 988 billion).New Delhi: India’s financial capital Mumbai, with a total 42200-SAA-003 wealth of USD 950 billion, has been named among the top 15 wealthiest cities globally, while New York topped the list, says a report. Mumbai is the economic hub of India. Areas around New York such as Connecticut and Long Island also contain a large amount of wealth that is not included in this figure,” the report said.