Karnataka Aerospace Policy 2012-2022 !!!!

Government of Karnataka is committed to develop the aerospace sector in order to project it as the aerospace hub for Asia over the next 5 years and as a globally recognised aerospace and MRO destination by 2022.
The karnataka Aerospace Policy 2012-2022 will be implemented in two phases viz. near term - Phase 1 (Growth Phase 2012-2017) and a medium term - Phase 2 (Consolidation Phase 2017-2022).

Phase 1

1. Attract investments to the tune of US$ 4 Billion in Aerospace sector.
2. Provide additional employment (direct and indirect) to 40,000 persons in the next five years by a process of inclusive development.
3. Increase the contribution of Aerospace sector towards enhancing the share of industry in the State's GDP from 28% to 30%

Phase 2

1. Attract investments to the tune of US$ 6 Billion in the Aerospace sector.
2. Provide additional employment (direct and indirect) to 60,000 persons in the next five years by a process of inclusive development.
3. Enhance the contribution of Aerospace sector towards increasing the share of industry in the State's GDP from 30% to 32%

Advantage Karnataka !!

Karnataka can score a high on every sphere of ecosystem of aerospace and defence industry, hence it can rightly claim to be the Aerospace Capital of India.

What are the key factors which are attracting so many Aerospace companies to Bangalore ?
Investment Opportunities in Karnataka.
What will be the role of Karnataka in the next 5 years for Aerospace ?

Answer of the above questions is hidden in the below mentioned links.

A Video on Advantage Karnataka
http://youtu.be/8SdW7pvGvvg

Automobile & Aerospace Sector in Karnataka
http://goo.gl/0EkFg

Advantage Karnataka Brouchure
http://goo.gl/fCtlf

Source :
Global Aerospace Meet by Society of Indian Aerospace Technologies and Industries
Karnataka Udyog Mitra