Bangalore: The aerospace industry in Bangalore has the potential to achieve $20 billion in revenues over the next 10 to 15 years if the state government is able to nurture an ecosystem that attracts global companies, said the India head of UTC Aerospace Systems (UTAS).
Part of the $64 billion US-based United Technologies, UTAS is the largest MNC aerospace manufacturer in India and was part of the task force that helped bring out the country's first aerospace policy in Karnataka. "Bangalore is the aerospace capital of this country.
However, the government has to attract companies to invest here," said Chris Rao, VP, UTAS. While the state has created a 1,000-acre aerospace park adjacent to the Kempegowda International Airport Bengaluru, the project isn't attracting global tier I aerospace manufacturers.
26/12/13 Anshul Dhamija/Times of India
To Read the News in full at Source, Click the Headline
Part of the $64 billion US-based United Technologies, UTAS is the largest MNC aerospace manufacturer in India and was part of the task force that helped bring out the country's first aerospace policy in Karnataka. "Bangalore is the aerospace capital of this country.
However, the government has to attract companies to invest here," said Chris Rao, VP, UTAS. While the state has created a 1,000-acre aerospace park adjacent to the Kempegowda International Airport Bengaluru, the project isn't attracting global tier I aerospace manufacturers.
26/12/13 Anshul Dhamija/Times of India
