Karnataka Cabinet approves aerospace Policy, expecting bout ₹60,000 crore investment in five years

Karnataka Cabinet approves aerospace Policy, expecting bout ₹60,000 crore investment in five years

Karnataka’s cabinet has sanctioned the Aerospace Policy 2026‑2031, targeting the aerospace, defence, aviation and space research sectors. The policy aims to attract roughly ₹60,000 crore in investment over five years, positioning the state as a hub for advanced technology and manufacturing. It outlines incentives, infrastructure development, and collaboration with industry and academia to boost employment and foster innovation.