Hindustan Aeronautics Ltd. on Monday said it had set aside Rs. 100 crore to open an aerospace university. The university, it is learnt, is most likely to be started in Karnataka.
A full-fledged university will ensure constant turnout of skilled employees for the aerospace industry, HAL chairman R.K. Tyagi said at the second Aerospace Round Table organised here.
The university was announced in February 2014.
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Noting that the aerospace sector had a shortage of 10 lakh skilled people for current and future activities, Dr. Tyagi said, “HAL on its part is planning to create an aerospace university with initial an investment of Rs. 100 crore. This will ensure academia and industry linkage.