The State Industries Minister MB Patil said, Karnataka also aims to attract investments of ₹45,000 crore in the aerospace and defence sector during the policy period of five years. This is expected to generate 60,000 employment opportunities, including direct and indirect opportunities.
The Minister noted that the government was committed to making Karnataka the aerospace and defence manufacturing hub, including maintenance, repair and operations for both the Indian market and exports. Karnataka has established a strong aerospace and defence ecosystem with 25 per cent of India’s aircraft and spacecraft industry based in the state and 67 per cent of all aircraft and helicopters manufactured for defence services are done here while contributing to 65 per cent of the country’s aerospace-related exports from India, the Minister noted.
