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INVESTKARNATAKA
FEBRUARY 2021
MONTHLYAERO INDIA 2021SPECIAL EDITION
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Leadership Message
Karnataka Investment Snapshot
Land Opportunities
Defence Manufacturing: Leveraging Bengaluru for Atmanirbhar Bharat
Aero India 2021 - Key Highlights
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CONTENTSKARNATAKAMs Gunjan KrishnaCommissioner,Dept of Industries and Commerce, GOKPhone: +91 80 2238 6796Email: [email protected]
Visit us at: www.investkarnataka.co.in
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CONTACTInvest Karnataka
Mr H.M. Revanna GowdaManaging Director, Karnataka Udyog MitraPh: 91-80-2228 2392, 2228 5659; 2238 1232Email : [email protected]
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INVESTMENT SNAPSHOTAutomobile Textiles
Food & Agribusiness Miscellaneous Chemicals
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Machine ToolsBiotech,
Pharmaceuticals& Medical Devices
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Plastic& Rubber
RenewableEnergy
Real EstateIT/ICTAerospace Electrical FMCG
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LEADERSHIPMessage
I am so proud that Karnataka has provided a unique platform to the international aviation sector through the Aero India Show for the last 13 years. The unique hybrid version of this year’s show was a grand success and provided us with wonderful opportunities to engage with our industry partners and foster innovation. I thank all the participants and investors for making the event such a grand success and look forward to working with you all. I am happy to present the special Aero India 2021 edition of Invest Karnataka Monthly and share the key highlights of our participation at the event.
Aero India 2021 provided us a grand platform to showcase Karnataka’s prowess in the aerospace and defence sector. We partnered with multiple industry representatives, met with key government officials, signed MoUs, and engaged with global investors. Thank you to all for working with us and enabling Karnataka’s leadership in the aviation sector. I am thrilled that in this edition of the newsletter, we are presenting to you a montage of our participation at the event. Hope you all find it insightful.
Projects signed in the year 2020-21
Number of MOU signed
Number of MOU implemented
5416
2019-20(Oct – Mar) 30,746 (4,289)
10,255 (1,350) 2020-21(Apr- Jun)
Cumulative Inflows(Oct, 19 - Jun, 20) 41,001 (5,638)
Karnatakaranks 2nd at attracting highest FDI Equity Inflows 20
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Shri Gaurav GuptaACS, Dept of Industries and Commerce,GOK
Smt Gunjan Krishna Commissioner,Dept of Industries and Commerce, GOK
INDUSTRIAL LANDOPPORTUNITIES
650
25
Aerospace SEZ
Haralur
AdinarayanaHosahalli
Kudithini I Phase
WomenEntrepreneurs Park
Steel AncillaryZone-Kuduthini
Kanagala
33
401.36
37.91
431.42
468
Mastenahalli
Badanakuppe-Kellamballi
Canara
Sarathy Kurubarahalli
Kolhar 2nd Phase 100
250
734.22
290
203
Mulawad 307
Kadechuru 100
Tumkuru MachineTool Park
Japanese Industrial Park
Sira 1st Phase
401.36
37.91
431.42
Hassan Textile Zone 270
Magod 55
Immavu 313.71
Harohalli 4th Phase 169
Bengaluru Rural
Ballari
Belagavi
Chikkaballapura
Chamarajanagara
Dakshina Kannada
Davanagere
Bidar
Vijayapura
Yadgir
Tumakuru
Hassan
Haveri
Mysuru
Ramanagara
DharwadMummigatti IA
Kotur-Bellur
200
423
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Karnataka Industrial Areas Development Board (KIADB) land available in acres
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By Gunjan Krishna
Recent research by London & Partners, the promotional agency for London, puts Bengaluru as the fastest-growing mature tech hub ahead of Silicon Valley and the British capital. Bengaluru is also the only Indian city to find a spot in the top 10 aerospace cities’ list compiled by fDi Intelligence (an offering from the Financial Times) and Karnataka has retained its number one position in Niti Ayog’s Innovation Index for 2021.
It is interesting to note that Karnataka contributes to more than 65% of India’s aerospace-related exports. Also, two-thirds of India’s aircraft and helicopter manufacturing for defence services take place in Karnataka. Additionally, the state also offers very strong ancillary industry support to drive innovation across the Aerospace & Defence value chain. For instance, Bengaluru is not only the largest chip design hub in India but also produces 60% of country’s machine tools.
DEFENCE MANUFACTURING:Leveraging Bengaluru for Atmanirbhar Bharat
Given all the accolades and proven track record in aerospace and defence, Karnataka can play an important role in Government of India’s vision of achieving self-reliance. Its inclusion in the Defence Corridors will not only invigorate its large defence supplier base for indigenisation, but also help to garner more investments from global manufacturers.
The case for Karnataka is further strengthened because of the emerging contours of future warfare and technologies that are required to power them. Big data, artificial intelligence, robotics, augmented reality, quantum computing and quantum cryptography are increasingly becoming integral to defence manufacturing and Karnataka is a leader in these technologies. The presence of world-class research institutions, universities, centres for excellence and rich talent pool ensures that Karnataka not only keeps pace with the latest global research and developments but also drives innovation.
Additive manufacturing technology is all set to revolutionise defence industry by bringing in design
flexibility, localised manufacturing and reduced production cost for tools and components. The Government of Karnataka has taken a number of initiatives to promote additive manufacturing by setting up 3D printing clusters and sponsoring start-ups.
Government of India can either look at extending the Southern Defence Corridor from Coimbatore to include Bengaluru via Mysuru and Chamrajnagar or plan defence clusters along with the state government around Bengaluru just as was done around Paris and Los Angeles airports.
Bengaluru’s ability to attract the best to its ecosystem and thereby become a force multiplier are good enough reasons to consider it to be turned into a strong base to further nurture our atmanirbharta in the defence sector.
HERE
The unabridged version of the abovearticle was published in
Hindu Business Line and can be read
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KARNATAKA UDYOG MITRA PAVILION ATAERO INDIA 2021
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SEMINAR: OPPORTUNITIES IN AEROSPACE & DEFENCE INDUSTRY
BANDHAN: SIGNING OF MOUS WITH INDUSTRY PARTNERS AND PSUS
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