K’taka to develop SEZ for aerospace industry

After witnessing IT boom, Karnataka is keen on developing aerospace industry in a big way through a Special Economic Zone (SEZ).

A proposal for creating an aerospace and aircraft components manufacturing cluster at Devanahalli for maintenance, operation and servicing of aircrafts would be send to the Centre in a couple of days, Karnataka Minister for Large and Medium Scale Industries Katta Subramanya Naidu told reporters.

Observing that Bangalore was the “natural destination” for the development of aerospace industry, he said many airlines like Lufthansa and major players have shown interest because of unprecedented growth in the aviation sector in the country.

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