From Our Special Correspondent
Daijiworld Media Network

Bengaluru, Aug 3: Karnataka chief minister B S Yediyurappa has given approval to M/s. Goodrich Aerospace Service Pvt Ltd, to establish a unit for manufacturing “Aircraft evacuation systems, lighting systems, cargo systems, seating systems and electrical power systems” with an investment of Rs. 480 crore for catalyse the State’s economic presence in Aerospace Industry.

M/s Goodrich Aerospace Service Pvt Ltd, is an US based MNC, holds 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.

The company is in the business of assembling/manufacturing aircraft evacuation systems, lighting systems, cargo systems, seating systems and electrical power systems, since 1996 in India.

Currently, the company with three establishments in three different locations in Whitefield, Bangalore provides employment to over 3,000 people.

The planned expansion in Devanahalli, Bengaluru rural district, offers a key advantage of positioning Karnataka on the global network, as well as, will further enhance the State’s ecosystem in Aerospace and Defence sector.

Additionally, this expansion will provide employment for another 4,000 people and benefit the aerospace community, thus communicating the right signals nurturing the state’s economy and development.

The state government has approved the following infrastructure support for the project:

1. Allotment of 25 acres 01 gunta of land at plot nos. 132 to 167 of Aerospace SEZ in Hi-tech, Defence and Aerospace Park.

2. Supply of 400 KVA of power from BESCOM

3. 3 lac LPD of water from KIADB

4. Incentives and Concessions as per Aerospace Policy of the State.