Collins Aerospace recently inaugurated its Global Engineering & Tech Centre and a new India Operations Centre to mark its Silver Jubilee in Bengaluru. Collins Aerospace has also pledged significant capital and manpower investments over the next five years.
Given that the Indian aerospace & defence (A&D) market is projected to reach US$ 70 billion by 2030, the expansion is expected to provide an opportunity to collaborate and innovate cutting edge solutions in the A&D space. It will also provide additional STEM-based opportunities in the country to nurture local talent.
Commenting on how the government is on an aggressive path to develop India as a major aerospace hub and global exporter, Dr. C N Ashwath Narayan, Minister for IT & BT, Science & Technology, Higher Education, Skill Development, Entrepreneurship & Livelihood, Government of Karnataka said, “As one of the largest and fastest growing aviation markets in the world, India needs to constantly strategize and adapt to changing environments, as well as develop local programs to drive this growth such as our Regional Connectivity Scheme (RCS or UDAN) to bring flying to the masses at subsidized fares.”
“The setting up of the global tech centre is a major sign of confidence that Karnataka has what it takes to support the company’s global expansion plans. The Ministry will support and facilitate Collins’ growth strategies in Karnataka moving forward and strengthen the company’s longstanding relationship with the state”, Minister added.
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