INDIAN REGIONAL GOVERNMENT LOOKING TO AEROSPACE INVESTMENT AS THE FUTURE

The Karnataka government is looking at Rs 10,000 crore investments in the aerospace sector by the end of next year, a top official has confirmed. “From the present Rs 5,000 crore in aerospace sector, we are looking at Rs 10,000 crore investment in the aerospace sector by the end of next year,” V P Baligar, Principal Secretary to Commerce & Industries Department told reporters, ahead of the Aero India show. To give further impetus to aerospace sector, the state government is setting up Bangalore Aerospace Park (BAP) in 985 acres, adjacent to Bangalore International Airport (BIA) which would comprise of