CCI Business Bulletin 07/03/2020-13/03/2020
Saturday Mar 7, 2020

Government signs MoU with Dutch firm

Personal Air Land Vehicle PAL-V has signed a Memorandum of Understanding (MoU) with
Gujarat Government to set up a plant in Gujarat. State Government would help the company in getting
all necessary approvals from the Centre. PAL-V flying car has two engines, can run at a speed of 160
kilometres on road and can fly at a speed of 180 kms. The car can turn into a flying vehicle in just three
minutes and cover a distance of 500 km on a full tank.

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