Karnataka Aerospace Policy 2013-2023

Government of Karnataka announced the Karnataka Aerospace Policy 2013-2023 on 28.02.2009 vide G.O.No.CI 233 SPI 2008 with a vision to position Karnataka as a vibrant aerospace hub of Asia and a globally recognised aerospace destination by creating enabling environment for holistic and sustained growth of the Aerospace Sector.

Policy has a mission to achieve substantial progress in the Aerospace sector such as:

1. 1. Attract investments to the tune of Rs.36,000 crores (6 Billion USD) in the
2. Aerospace Sector.
3. 2. Create additional employment opportunities (direct and indirect) to about
4. 60,000 persons in the next five years by a process of inclusive development.
5. 3. Enhance the contribution of Aerospace sector towards increasing the share
6. of industry in the State’s GDP from 30% to 32%.

The main objectives of the policy are:

1. To make Karnataka a preferred global destination for manufacturing of
2. aircraft, aircraft systems & sub-systems, assemblies and components.
3. To create an eco-system comprising infrastructure, education and R&D to
4. make the State a conducive hot spot for aerospace industry.
5. To make Karnataka a magnet for global tier-1 Suppliers.
6. To make Karnataka as one of the leading MRO hubs in Asia.
7. To make available ready to-employ human resource pool for the industry.
8. To strengthen R&D infrastructure for achieving innovative and cutting edge
9. technologies.
10. To create enhanced facilitation mechanism for ease of doing business
11. through industry friendly policy frame work.

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