CAPA-VIC promote aerospace city
Posted by- Neelam Mathews June 14, 2012 CAPA India and Vittal Innovation City (VIC) have signed a Memorandum of Understanding (MoU) to co-promote a high-technology aviation manufacturing, research and knowledge park to be known as CAPA-VIC Aerospace City. The 750 acre aerospace park will form one of the industry clusters at VIC, which in total comprises 2650 acres located just 50 minutes from Bangalore International Airport. The site has been acquired by Global Emerging Markets, a USD3.4 billion alternative investment group, with offices in London, New York and Paris. VIC, promoted by EMPI Innovation Parks, is India’s first green technology & IPR safety zone focusing on aerospace, defence and electronics, and integrating industry, design, research and education, together with a high quality environment for working, living and learning. A strong focus on corporate social responsibility will include skills development opportunities for the local community. The ...