aerospace / news / / The Economic Times
Bengaluru-based AxisCades Aerospace will invest Rs 6,000 crore in Karnataka.
AxisCades Aerospace will invest Rs 6,000 crore to build an integrated hub in Karnataka.
KEY POINTS
- 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
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