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Investor's perception
"The state has the right type of ambience. It has integrated fully with the global economy, technology and liberalisation, truly making Karnataka ...... "
Dr. K Kasturirangan
Member of Planning Commission of the Government of India and former Chairman of ISRO.
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Aerospace
Present Scenario and Strengths:- Karnataka is the preferred choice for global players in the Aerospace research and development space.
- Extensive experience and inherent competencies in aerospace make Karnataka the producer of more than a quarter of India's aircraft and spacecraft.
- Global giants such as Boeing Research & Technology Center and Airbus Engineering Centre have made Karnataka their base.
- Karnataka has India's first and top R&D Centers in Aerospace & Defence such as Indian Space Research Organisation (ISRO) and the Defence Research and Development Organisation (DRDO).
- Boeing Research & Technology Center, Airbus Engineering Centre, and DRDO's Gas Turbine Research Establishment (GTRE) are all located in Bangalore.
- The Government of Karnataka has earmarked 984 acres of exclusive industrial area and sector specific SEZ for Aerospace industries near Bangalore International Airport.
- India's first Aerospace SEZ is operational in Belgaum.
- Dedicated Aerospace policy (first in India) being drafted by the Government of Karanataka.
- Project Proposition: Aviation Academy
- Project Location: Aerospace & Avionics Industrial Area & SEZ Devanahalli
- Investment Potential: INR 200 Crores
- Project Proposition: Research & Development Centers
- Project Location: Aerospace & Avionics Industrial Area & SEZ Devanahalli
- Investment Potential: INR 1,000 Crores
