India, 12 March, 2025
Based in IFSC Gift City, Gandhinagar, ModAir Aviation IFSC Private Limited has become the first lessor of flying electric taxis, E Plane and Co., as part of its plans to rewrite the future of mobility by seamlessly integrating electric air-mobility solutions and opening up new avenues for environmentally friendly transportation in India.
The e200X, the ePlane Company’s flagship eVTOL, is a remarkably efficient and ultra-compact aircraft that is intended for safe, economical, and environmentally friendly transportation. envisions leasing lowering operators’ entry barriers to enable a more seamless transition to electric aircraft.
“Having aircraft lessors embrace eVTOLs is a transformative step in the aviation landscape. This partnership lays the groundwork for operators to adopt this technology effortlessly. We are eager to drive this collaboration toward successful deployment,” said Prof. Satyanarayanan Chakravarthy, Founder of The ePlane Company.
“ModAir is excited to partner with a marquee company such as The ePlane Company for the e200X. Its range and payload capabilities offer immense potential for both intercity and intracity applications. We look forward to scaling our leasing operations as the market matures,” said Amit Mittal, CEO of ModAir.
With cleaner, more effective air travel options, this collaboration is a daring step toward a future in which flying electric taxis are a commonplace aspect of daily life, transforming urban mobility, the partners shared in a company release



















