34 aerospace, defence firms plan to invest nearly Rs 2,500 cr in Karnataka
As many as 34 aerospace and defence firms have shown interest in investing in Karnataka to spur aviation business in the southern state, an official said on Sunday. "In all, 34 aerospace and defence firms have signed an agreement with the state government to invest a total of Rs 2,464 crore in setting up their facilities, which have the potential to create 6,462 direct jobs," an official of the Industry Department's Udyog Mitra told IANS here. The agreements were signed at the 13th edition of Aero India 2021 expo at the Yelahanka air base on the city's outskirts on February 3-5. Among the...
Source: business-standard.com