Amol Yadav, 43, from Indian state of Maharashtra who built a six-seater aircraft at the five-storey house, is now eyeing to set up India’s first airplane manufacturing company.
Yadav told Sputnik, he is planning to establish India’s first civil airplane manufacturing unit, which will be a joint venture with government of Maharashtra.
Yadav, whose realised his long cherished dream at the rooftop of his five-storey residential building in Mumbai where he lives with 19 family members, said his dream was perceived as sheer madness by many initially, but his family supported even before he started his project.
“It sounds little bit of madness but my madness was supported by my family even before it started. The madness is still on as the struggle is on as we haven’t benefited from my project yet.”
Unfortunately, India still hasn’t dived into in-house plane manufacturing business even after being the fourth largest aviation market in the world in terms of passengers, behind the US, China, and Japan.
“We are totally dependent on foreign countries for buying aircrafts which makes it very expensive for the aviation sector and in turn affects the price of tickets for passengers,” he said.
Talking about flared up prices of air tickets for passengers, Yadav said he has decided to manufacture planes in India and to make flying economical for people.
“Right now we have built first six- seater plane, we would be making airplanes with more passenger capacity, if we manufacture it in India it will be definitely economical for the people compared to the current price. It will make a huge difference and make flying pretty much economical,” he said.
He also ruled such a step should have been taken earlier.
Yadav recently got his much-awaited dream fulfilled of flying his aircraft after getting regulatory clearances from aviation watchdog DGCA (Directorate General of Civil Aviation).
A decade after his struggle and two unsuccessful attempts, Yadav was heartened to not only receive the clearance to test drive his plane but also for getting acknowledged by Prime Minister Narendra Modi.
“I have received the permit to fly after lot of struggle and I am happy that my struggle was also acknowledged by Mr. Modi”. He added, “Mr. Modi assured me that he will fully support me of my future endeavors for my project.”
In 2009, Yadav started working on his third plane after he was not able to complete his first plane and the permission for the second plane was rejected by DGCA. Last year Amol signed a Rs.35,000 crore ($5.4bn) agreement with Maharashtra government for his initiative.