Karnataka may tweak aerospace policy to beat competition

BENGALURU: To maintain its leadership position in defence and aerospace sectors in the country, the Karnataka Government is said to be thinking of tweaking its aerospace policy that was announced nearly a decade ago.With Karnataka contributing to over 65 per cent of defence and aerospace exports from the country, the state is aiming to sharpen its policy to maintain its edge, especially when the Central Government is focusing on domestic production under the Aatmanirbhar scheme.

The change in policy is to beat competition from Defence Industrial Corridors announced recently in other parts of the country. Changes will be made in the policy in consultation with industry experts, a senior officer from the Industries Department told TNIE.