The incentives to manufacturers would help the state retain its talented professionals and prevent a brain drain, the Dy CM said, speaking at the inaugural of Aero India 2025.
Karnataka, Shivakumar said, played a crucial role in India’s aerospace sector, making up 67% of the country’s aircraft and helicopter manufacturing for defence services and 65% of India’s aerospace-related exports.
Bengaluru was home to over 60% of the country’s aerospace manufacturing and defence research steered by major organizations like HAL, ISRO, and Boeing India etc. Over 150,000 people work in Bengaluru’s aerospace sector, making the city a global leader in aviation and defence technology, he said.
The defence and aerospace industry faced a big gap despite these impressive gains. While aircraft servicing and repair were well-established in India, the manufacturing of aircraft and helicopters was yet to take off.
Most of the aircraft and helicopters used in India were imported ones, he said, while building a case for sops for domestic manufacturing. Karnataka, the Dy CM said, was the first state to announce an aerospace policy in 2013. “Our state has also set up a dedicated aerospace park in 1000 acres near Devanahalli for aerospace companies.”
