Taneja Aerospace and Aviation (TAAL) has entered into an agreement with Aerospace Engineers (AEPL) for the execution of its existing orders. AEPL has indemnified TAAL for any claims arising from its customers for commercial / technical reasons. This agreement was necessitated as a result of TAAL disposing-off certain old machineries and equipment.
Taneja Aerospace & Aviation (TAAL) is engaged in the manufacture of general aviation i.e. non-military aircraft.