Bangalore August 6, 2013: The country’s first technology Centre for Micro, Small & Medium Enterprises in the field of aerospace and electronics, will soon come up at the Devanahalli Aerospace Park, close by Bangalore’s International Airport.
The ground breaking ceremony was done on Sunday by M. Veerappa Moily, Indian Minister for Petroleum & Natural Gas, with K. H. Muniyappa, Minister of State for MSME, Prakash B Hukkeri, Minister for Small Scale Industry of the Govt. of Karnataka, Amarendra Sinha, Additional. Secretary & Development Commissioner (MSME), Govt. of India and M N Vidyashankar, Karnataka’s Principal Secretary, Industries & Commerce joining.

The Rs 140 crore ( Rs 1.4 billion) has the potential to transform Bangalore into the aerospace hub of India and eventually a global aerospace hub, said Dr Moily.

Mr Hukkeri requested Government of India, to begin a similar Tool Room in Belgaum to increase employability of youth from North Karnataka region as well.

The Government of Karnataka has given 10 acres of land, in front of Special Economic Zone, free of cost. This will provide technological and technical support to MSME sectors in the region especially for those in the aerospace and electronics systems and designs sectors, said Mr Muniyappa

Karnataka State has some of the best aerospace and electronics industries and also is the home to advanced R&D institutions like Hindustan Aerospace Ltd and the National Aerospace Laboratory handling prestigious strategic projects.