India gets another defense startup

HAAl will be developing hypersonic propulsion system capable of exceeding Mach16.
By: Hyperspace Aviation and Ammunition Labs
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* Aerospace

* Aerospace

* Nagpur - Maharashtra - India

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NAGPUR, India - July 30, 2019 - PRLog -- Hyperspace Aviation and Ammunition Labs is a registered startup company best known for its Propulsion technology and  fuel integrity. The primary environment of HAAL is to develop hypersonic propulsion system capable of exceeding Mach16.
 ' But that's not the only theme in which we will be acting we have plans for others also ' Said Hyperspace Aviation and Ammunition Labs co-founders Saurav L. Chaudhari and Shantanu P. Gawande.
This aerospace company will cater to innovators and other startups . It will provide strong platform for Engineers and Researchers to work.
As it is a MAKE IN INDIA initiative, it will have following benefits:

1) Boost India's Economic Growth:- The make in India campaign will lead to an increase in exports and manufacturing. An increase in exports will improve the economy and India will be transformed into a global hub of manufacturing through global investment using the current technology. Manufacturing will also boost India's economic growth and GPD.

2) More Job Opportunities:- It will lead to the creation of many job opportunities. Around ten million people are expected to get jobs. An increase in investment will bring employment opportunities for the skilled labor force and this will form a job market.The government is running a skills development programme for the people in the rural areas and those in the urban areas who are poor. The programme will help in generating more skilled workers. The major key areas of the training will be painting, masonries, welding and many others. Certifications will be issued in order to make the training standard.

3) Attract More Foreign Direct Investment (FDI):-  It will welcome more FDI. Since the government had promised to improve the ease of running businesses in India, it is going to attract many FDI. At the moment it has already received an amount of INR 20 K million from a proposal that was made on October 2014.

4) Investment In India:- Through Make In India Project more companies are looking to set up factories, a unit known as "Invest India" is in the process of being put to place. This unit will be under the department of commerce and will be available any time to make it easy to carry out regulatory clearance within the shortest time possible ensuring that businesses are run in India easily. (Hyperspace Aviation and Ammunition Labs)

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