Taneja Aerospace JV with Belgian Co likely

CNBC-TV18 has learnt that Taneja Aerospace is likely to form a joint venture with Belgian company Sabina.

Sources say the deal is likely to be announced in a fortnight.

Taneja Aerospace is likely to form a JV with Belgium-based Sabina to set up an MRO facility in India. The facility is likely to be for the maintenance of small aircrafts and is likely to be in Nagpur.

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