Embraer project could take off from either Gujarat or Andhra
Adani Group’s upcoming JV (joint venture) FAL with Brazilian regional aircraft major Embraer is being aggressively wooed by both states that are implementing ambitious aerospace plans for these two places. India is looking at giving fiscal incentives to customers placing orders for made-in-India planes.A formal announcement for the Adani-Embraer JV is expected next Tuesday.
Neither group has commented on the likely location of the FAL.Taking the Airbus-Tata Advanced Systems Ltd FAL for 70-seater military transport aircraft C295 at Vadodara as a benchmark, the Embraer FAL could take 3-4 years to get ready and then another year to roll out its first aircraft.
Embraer regional jets have 70 to 130 seats.
