Devanahalli Aerospace Park takes off with Wipro, Starrag and Shell on ground!!

J.Vishnu Shankar

Devanahalli has seen a lot of action till now but mostly on paper. Despite the government and the KIADB having acquired large chunk of land ( in excess of 4000 acres) and willing to offer it to corporates in the IT/BT, Hardware and Aerospace fields, not many have come forward to begin setting up operations mainly due to the sluggish economy both locally and globally.

Bangalore aerospace SEZ

But now, things are slowly inching up. Close on the heels of Swiss Group STARRAG which set up a machining plant in Bangalore through its subsidiary Starrag India in January 2013 (Read this link), Wipro has today (6th Feb 2013) launched an aero space actuator manufacturing facility on a 7.2 acre campus at an initial investment of 60 cr. (Read Here)

Readers also might know that Shell has also already started work on its 40 acre R&D facility.

While a lot of companies have been allotted land for Aerospace, IT and Hardware facilities, they have been slow to move off the ground. But now there is some momentum which can be seen and that is good news.

KIADB’s website shows that the following allotment letters have been issued in addition to the MOUs signed during the Global Investor’s Meet.

Allotment Letters of Aerospace SEZ Park

Allotment Letters of Aerospace Park

Allotment Letters of Hardware Park

Project Approvals for IT-BT Park

 

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4 thoughts on “Devanahalli Aerospace Park takes off with Wipro, Starrag and Shell on ground!!

  1. Pingback: What is happening to ITIR, Devanahalli? « Crorepati Homes

  2. Pingback: 7885 sft plot in Jade garden, Devanahalli for sale at Rs 1600/- per sft « Crorepati Homes

  3. Pingback: Mahindra opens aerospace facility in Narsapaura near Kolar | Crorepati Homes

  4. Pingback: Devanahalli gets its 1st big push — 47 Taiwanese chipmakers to set up a cluster in 300 acres | Crorepati Homes

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