In order to attract new investment, Karnataka should soon come up with a new aerospace and defense policy. The state is also apparently committed to becoming a defense and technology hub in the country.
Many global players have also confirmed their presence in the aerospace and aerospace park SEZ (Special Economic Zone) set up by KIADB (Karnataka Industrial Area Development Board) on the outskirts of Bengaluru near Devanahalli. According to the latest figures from Karnataka Udyog Mitra, more than 140 aerospace and defense projects have been confirmed in the Aerospace Park and Aerospace SEZ in Bengaluru. It has already attracted an investment of over Rs 13,000 crore and has provided employment for over 108,000 people.
“We will be bringing forward a new aerospace and defense policy in the state over the next month or two, in which we will announce the incentives we are offering to aerospace companies. The response has been good and we have players such as Boeing and Adani Aerospace as well as some of the biggest aerospace companies who have shown interest in the aerospace park and the aerospace SEZ, ”Gunjan Krishna. Karnataka Government’s Department of Industry and Trade Commissioner told LA WEEK.
Karnataka also aims to establish a defense technology hub in the state to promote aerospace and manufacturing. Jagadish Shettar, the state industry minister, wrote to Union Defense Minister Rajnath Singh in this regard. According to market reports, over 65% of India’s aerospace-related exports come from Karnataka. Some of the leading players who have already started operating in the Bengaluru Aerospace Park and Aerospace SEZ include Collins Aerospace which has around 2,800 employees, Centum, Tyco Electronics, Amada, etc.
“With the next generation of industry 4.0-based aircraft manufacturing, which includes the digitization of part conditions, the automation of manufacturing as well as the assembly process will be fully digitized, from part specifications, drawings, engineering, manufacturing, qualification, mass production, quality assurance, transportation to the assembly of the aircraft.There will be a high demand to know at all times where the parts are and what the conditions of the parts are, and will lead to a virtual assembly process to match the right parts regarding the best gap fit. All data and processes are stored in a database and will be sent to assembly lines . With its facilities, the aerospace park will drive manufacturing towards greater flexibility such as different versions, aircraft types and customer requirements. This will reduce costs, shorten delivery times, etc. », Explained Girish Linganna, director of ADD Engineering Components India Limited, a subsidiary of ADD Engineering GmbH Germany,
This expert adds that the aerospace sector can pave the way for public-private partnerships by making both defense and civilian aircraft, components and even research collaborations. “The Bangalore Aerospace Park is also focusing on global aircraft maintenance, repair and overhaul opportunities, which is now the domain of HAL, but faces the challenges of businesses in Asian countries. Southeast, especially Singapore, ”Linganna added.