Thursday, September 24, 2015

Finishing facility for aviation MSMEs

Bangalore: Lending global touch to defence and aerospace products designed and produced by Bengaluru-based startups and Micro, Small and Medium Enterprises (MSMEs), the state government, in a joint venture with the Centre, has come up with a finishing facility centre at its ambitious Aerospace Park near Kempe Gowda International Airport in Devanahalli. The four-acre Aerospace Common Finishing Facility Centre (ACFFC) will cost Rs 92 crore of which the Centre will provide Rs 47.43 cr while the state will contribute Rs 45.27 cr.

The state cabinet, on Monday, gave its consent for setting up the ACFFC for the benefit of hundreds of small-scale units in Bengaluru and adjoining areas. Speaking to Bangalore Mirror, law and parliamentary affairs minister, TB Jayachandra said, "The new setup will act as an expert organisation lending global touch to the products."
24/09/15 Bangalore Mirror
To Read the News in full at Source, Click the Headline