BELAGAVI – In a major boost to the state’s industrial landscape, the Karnataka government has approved a massive investment proposal specifically targeting the aerospace sector in Belagavi
During a recent meeting of the State High Level Clearance Committee (SHLCC), chaired by Chief Minister Siddaramaiah, Aerostructures Manufacturing India Private Limited received the green light to invest ₹1,356 crore in the district.
Key Highlights for Belagavi:
- Sector Focus: High-tech Aerospace manufacturing.
- Job Creation: The project is expected to generate approximately 1,350 new jobs for the region.
- Strategic Growth: This investment is a cornerstone of the state’s strategy to distribute industrial growth across key districts beyond Bengaluru.
This approval is part of a larger ₹18,430 crore statewide surge that includes 17 major projects across sectors like semiconductors, electric mobility, and renewable energy. For Belagavi, this commitment reinforces its growing reputation as a critical hub for aerospace engineering and manufacturing in India.