# Bengaluru-based AxisCades Aerospace will invest Rs 6,000 crore in Karnataka.

*aerospace · news · 2026-05-20 · The Economic Times*

## Key points

- AxisCades Aerospace will invest Rs 6,000 crore to build an integrated hub in Karnataka.
- The 200-acre hub will include semiconductor and AI sector facilities alongside aerospace and defence.
- The project aims to create 20,000 direct and 54,000 indirect jobs in Karnataka.
- AxisCades plans to construct a 1.8-km runway, preferring a location near Devanahalli.
- The investment will be rolled out in three phases, starting with Rs 1,290 crore.

**Companies:** AxisCades Aerospace
**Countries:** India

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/defence/axiscades-aerospace-to-invest-rs-6000-crore-in-karnataka-mb-patil/articleshow/131229993.cms)

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