Thursday, November 22, 2012

Karnataka aerospace policy soon

Chennai/Bangalore: An aerospace policy aimed at attracting global investments and making Bangalore a major aerospace hub in South Asia may be unveiled by the government immediately after the assembly winter session at Belgaum .
“We have an aerospace policy which may be announced immediately after the Belgaum winter session. We are scheduling it. It is ready,” Principal Secretary (Industry) M N Vidyashankar told reporters here. He said, government had taken inputs from all stakeholders in the aerospace sector before framing it and claimed Karnataka was the first state to announce such a policy. Vidyashankar said, Karnataka would become the largest knowledge hub in the world.
“It may not happen in two or five or 10 years, but it will happen,” he said. He also said that no other city can beat Bangalore as a ‘knowledge city’ as it boasts of 396 research and development laboratories. Cities like the National Capital Region and Pune boast of only 107 and 103 laboratories respectively, he said.
“Twenty years down the line, the world will depend on India and Karnataka for high-end manpower,” Vidyashankar said. On the progress on Aerospace Park near the Bangalore International Airport, he said three units are almost ready and one of them would launch production on January 25, 2013.
22/11/12 PTI/Business Standard
To Read the News in full at Source, Click the Headline