Bengaluru: Tata Elxsi and advanced air mobility company Sarla Aviation have signed a memorandum of understanding (MoU) to accelerate the development of Shunya, a six-seater electric vertical take-off and landing (eVTOL) aircraft that the companies on Tuesday said is being developed as India’s first indigenous aircraft of its kind.
Tata Elxsi shares were trading at ₹3,656.70 on the NSE around 12.30 pm on Tuesday, up 2.26% from the previous close.