Karnataka government gives approval to Goodrich Aerospace’s Rs 480 cr investment in Bengaluru
Karnataka government has given approval to Goodrich Aerospace Service Pvt. Ltd’s Rs 480 crore investment to establish a unit for manufacturing aircraft evacuation systems, lighting systems, cargo systems, seating systems and electrical power systems.
Goodrich Aerospace is an US based multinational holds an unique position in the aerospace sector and are the pioneers in creating ecosystem in India. The major activities include design and development of various aircraft products, engineering software and embedded software, etc. Chief minister B S Yediyurappa has given approval to the company’s investments.
Govt Benefits
The State Government has approved the following infrastructure support for the project: Allotment of 25 acres and one gunta of land at Aerospace SEZ in hi-tech, defence and aerospace park. Supply of 400 KVA of power from Bescom. About three lakh LPD of water from KIADB and incentives and concessions as per Aerospace Policy of the State.
