Bangalore: Karnataka government expects an investment of about $6-7 billion during next four to five years in aerospace sector that is coming up around Devanahalli International Airport.
"Let me make it very clear in the next 4 to 5 years we are expecting an investment of about USD 6 to 7 billion in the aerospace sector that is coming around International Airport. This will be the first aerospace park in the country," Principal Secretary - Commerce and Industry Government of Karnataka MN Vidyashankar said.
Karnataka was the first state to announce the aerospace policy in the country, he said at an event of Federation of Karnataka Chambers of Commerce and Industry. He also said that state is taking steps to meet the requirements of water and power in this area.
27/06/13 PTI/Economic Times
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"Let me make it very clear in the next 4 to 5 years we are expecting an investment of about USD 6 to 7 billion in the aerospace sector that is coming around International Airport. This will be the first aerospace park in the country," Principal Secretary - Commerce and Industry Government of Karnataka MN Vidyashankar said.
Karnataka was the first state to announce the aerospace policy in the country, he said at an event of Federation of Karnataka Chambers of Commerce and Industry. He also said that state is taking steps to meet the requirements of water and power in this area.
27/06/13 PTI/Economic Times
