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Karnataka CM Bommai promises support to Lockheed Martin

The investor-friendly policies of the Karnataka government has created a conducive environment for setting up industrial units here, said Bommai
Last Updated : 12 November 2021, 17:41 IST
Last Updated : 12 November 2021, 17:41 IST

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Karnataka Chief Minister Basavaraj Bommai on Friday said that the state government would offer necessary cooperation to the Lockheed Martin company to set up its base here.

The assurance came when a delegation of global aerospace major Lockheed Martin led by its vice-president (International Supply Chain and Industrial Development) Vincent Panzera called on Bommai, an official press release said.

"India is the fastest growing and sixth-largest economy in the world. Karnataka and Bengaluru are the technology powerhouses of the future," Bommai was quoted as saying. The Chief Minister said Lockheed Martin is a leading defence technology company in the world and Bengaluru offers huge potential for the growth of aerospace industries.

"The investor-friendly policies of the Karnataka government has created a conducive environment for setting up industrial units here," he added.

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Published 12 November 2021, 17:37 IST

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