News: Karnataka Cabinet approved the Aerospace Policy 2026–2031, focusing on aerospace, defence, aviation and space research, with expected investment of about ₹60,000 crore over 5 years.

Key Features

• Promotes aerospace & defence manufacturing, aviation and space R&D.
• Aims to attract ₹60,000 crore investment.
• Strengthens Karnataka’s position as an aerospace and technology hub.
• Encourages innovation-led public procurement and technology adoption.

Other Cabinet Decisions

• ₹35 crore AI Hub in Bengaluru — seed support, incubation, internships and mentorship.
• India’s first drone-based testing facility at Chikkaballapur — ₹42.83 crore.
• International Arbitration Centre, Bengaluru — ₹16 crore; online facilities.
• Start-up Policy 2026–30 approved with a focus on “government as the first customer.”