The Indian Institute of Technology-Kanpur has signed a Rs 15 crore-Memorandum of Understanding to develop prototypes for self-piloted vertical take-off and landing (VTOL) aircraft.
These prototypes will be used as air taxis for civilians, said Ajay Ghosh, head of IIT-Kanpur's Aerospace Engineering and Flight Lab.
The deal was signed a couple of months ago with the VTOL Aviation Pvt Ltd, he said, adding the project will be completed within a span of five years.
Ghosh said the project will be a milestone under the 'Make In India' project.
A couple of instalments have already been allotted to
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