Karnataka Government utilised Aero India show platform to promote itself as the most desirable investment destination. Six companies signed MOUs with Government of Karnataka to start their operations in Aerospace Park that is coming up in Bangalore. Two companies have signed Expression of Interest indicating their interest in setting up projects in the Aerospace sector in the State. Official sources said, total investment expected from these projects is over 422 crores and anticipated direct employment to 1840 persons.
News On AIR | February 13, 2011 2:05 PM
K’taka Government uses Aero show platform for investment destination