220 Acres in MIHAN SEZ Allotted to Solar Defence & Aerospace
DEFENSE

220 Acres in MIHAN SEZ Allotted to Solar Defence & Aerospace

The Maharashtra Airport Development Corporation (MADC) has approved 220 acres in the MIHAN Special Economic Zone (SEZ) for Solar Defence and Aerospace (SDAL)’s ambitious Rs 127 billion project, expected to create around 7,675 jobs and strengthen Maharashtra’s aerospace and defence sector.

The project includes a primary initiative for advanced aerospace manufacturing and a separate venture focused on transport aircraft and defence equipment, projected to generate 875 additional employment opportunities. Together, these initiatives are set to bolster local economic growth, skill development, and technological innovation.

These developments follow a memorandum of understanding (MoU) signed with the Maharashtra government during the World Economic Forum in Davos, highlighting the state’s push to attract high-value aerospace and defence investments.

The Solar Group, known for its expertise in defence explosives, including Pinaka rockets, plans to expand production to 155mm shells and is currently managing a Rs 150 billion defence order book with ongoing orders for hand grenades, UAVs, and other equipment.

Strategically located, the MIHAN-SEZ in Nagpur provides multi-modal connectivity via air, road, and rail, enhancing the efficiency and competitiveness of SDAL’s manufacturing facilities. The project aligns with Maharashtra’s broader industrial strategy to promote high-tech investments, create jobs, and advance regional infrastructure.

The initiative is expected to foster public-private collaboration, innovation, and advanced technological research in defence and aerospace. It will also serve domestic requirements while positioning Maharashtra as a key player in the global defence supply chain.

The approval of 220 acres to SDAL marks a significant milestone in Maharashtra’s aerospace and defence ambitions, promising long-term benefits in industrial growth, socio-economic development, and technological advancement.

News source: EQ


The Maharashtra Airport Development Corporation (MADC) has approved 220 acres in the MIHAN Special Economic Zone (SEZ) for Solar Defence and Aerospace (SDAL)’s ambitious Rs 127 billion project, expected to create around 7,675 jobs and strengthen Maharashtra’s aerospace and defence sector.The project includes a primary initiative for advanced aerospace manufacturing and a separate venture focused on transport aircraft and defence equipment, projected to generate 875 additional employment opportunities. Together, these initiatives are set to bolster local economic growth, skill development, and technological innovation.These developments follow a memorandum of understanding (MoU) signed with the Maharashtra government during the World Economic Forum in Davos, highlighting the state’s push to attract high-value aerospace and defence investments.The Solar Group, known for its expertise in defence explosives, including Pinaka rockets, plans to expand production to 155mm shells and is currently managing a Rs 150 billion defence order book with ongoing orders for hand grenades, UAVs, and other equipment.Strategically located, the MIHAN-SEZ in Nagpur provides multi-modal connectivity via air, road, and rail, enhancing the efficiency and competitiveness of SDAL’s manufacturing facilities. The project aligns with Maharashtra’s broader industrial strategy to promote high-tech investments, create jobs, and advance regional infrastructure.The initiative is expected to foster public-private collaboration, innovation, and advanced technological research in defence and aerospace. It will also serve domestic requirements while positioning Maharashtra as a key player in the global defence supply chain.The approval of 220 acres to SDAL marks a significant milestone in Maharashtra’s aerospace and defence ambitions, promising long-term benefits in industrial growth, socio-economic development, and technological advancement.News source: EQ

Related Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement