Karnataka signs MoU with 34 aerospace & defence firms at Aero India
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Last Updated: Feb 05, 2021, 06:47 PM IST
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The newly signed MoU’s with Bengaluru based companies is expected to attract an investment of Rs 2,464 crore and generate 6,462 direct employment opportunities, the state government said in a press release.
Agencies
“Karnataka has a vibrant aerospace and defence sector ecosystem in the country, Jagadish Shettar, said while signing the MoU.
BENGALURU: Karnataka signed memorandum of understanding with 34 aerospace and defence companies at the 13th edition of Aero India show in Bengaluru on Friday, in what the state government called as an effort to emerge as the aerospace hub for Asia in future.