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LOOP Home -> LOOP News -> 2007 -> November -> 8

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8 NOV 07: EPIC JETS TO BE BUILT IN INDIA

INDIAN businessman Dr Vijay Mallya, now 50% owner of Epic Aircraft, says the range of single-engine and twin-engine jets, and single turboprop, will be manufactured in India where labour costs are much lower than the US.

In an interview with The Economic Times [of India], Mallya is reported as saying, "Once the certification process of Dynasty, Victory and Elite is done in the US, I want to manufacture them in India. The manufacturing base in India will largely target Middle-East and Asia besides the domestic market."

The article also quotes Mallya as saying that as part of the deal, "Epic Aircraft also got access to Airbus resources to accelerate the certification of its new VLJs – Elite and Victory." Mallya is a customer of Airbus for his Kingfisher Airline.
W: www.epicaircraft.com

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