Karnataka govt. approves Goodrich Aerospace investment
12 August 2019
Karnataka government has given approval to Goodrich Aerospace Service Pvt. Ltd’s Rs 480 crore investment to establish a unit for manufacturing aircraft evacuation systems, lighting systems, cargo systems, seating systems, and electrical power systems.
Goodrich Aerospace is a US-based multinational company which holds a unique position in the aerospace sector and are the pioneers in creating an ecosystem in India. The major activities include the design and development of various aircraft products, engineering software, and embedded software, etc.
The State Government has approved the following infrastructure support for the project: Allotment of 25 acres and one gunta (1 Guntha = 33 ft (10 m). x 33 ft (10 m). = 1,089 sq ft (101.2 m2). of land at Aerospace SEZ in hi-tech, Defence and Aerospace Park. Supply of 400 KVA of power from Bescom. About three lakh LPD of water from KIADB and incentives and concessions as per Aerospace Policy of the State.
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. It is having three establishments currently in three locations in Whitefield, Bengaluru providing 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.
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