Bengaluru Airport City Launches 2 Million Sq. Ft. Business Park
By Rediff Money Desk, Bengaluru Oct 14, 2024 12:27
Bengaluru Airport City breaks ground for a new 2 million sq. ft. business park, aiming to attract Global Capability Centres (GCCs) and boost the city's economy.
Bengaluru, Oct 14 (PTI) Bengaluru Airport City Limited (BACL), a subsidiary of Bangalore International Airport Limited (BIAL), broke ground for its ambitious two million sq. ft. Business Park, aimed at promoting the city as a global hub for Global Capability Centres (GCCs).
This comes as part of the Karnataka Government's new GCC policy (2024-2029), which aims to create 3.5 lakh jobs and contribute USD 50 billion to the economy, a BIAL statement said on Monday.
Located within the larger Kempegowda International Airport's (BLR Airport) campus, Bengaluru Airport City is being developed as a mixed-use destination, featuring business parks, an education & health district, R&D hubs, and multiple entertainment and hospitality options, it said.
The Business Park will be built over 17.7 acres.
Executive Director & CEO of BACL, Rao Munukutla, said: The city has cemented its status as India's premier hub for Global Capability Centres (GCCs), with 36 per cent of India's GCC workforce driving growth across IT, biotechnology, automotive, and aerospace.
The upcoming Airport West metro station, located within walking distance from the Business Park, will enhance connectivity to Bengaluru's city centre, providing faster and eco-friendly travel for employees and visitors, it was noted.
As a future entertainment and hospitality hub, plans include India's first 'Concert Arena' within an airport ecosystem and a Convention & Exhibition Centre, it added.
This comes as part of the Karnataka Government's new GCC policy (2024-2029), which aims to create 3.5 lakh jobs and contribute USD 50 billion to the economy, a BIAL statement said on Monday.
Located within the larger Kempegowda International Airport's (BLR Airport) campus, Bengaluru Airport City is being developed as a mixed-use destination, featuring business parks, an education & health district, R&D hubs, and multiple entertainment and hospitality options, it said.
The Business Park will be built over 17.7 acres.
Executive Director & CEO of BACL, Rao Munukutla, said: The city has cemented its status as India's premier hub for Global Capability Centres (GCCs), with 36 per cent of India's GCC workforce driving growth across IT, biotechnology, automotive, and aerospace.
The upcoming Airport West metro station, located within walking distance from the Business Park, will enhance connectivity to Bengaluru's city centre, providing faster and eco-friendly travel for employees and visitors, it was noted.
As a future entertainment and hospitality hub, plans include India's first 'Concert Arena' within an airport ecosystem and a Convention & Exhibition Centre, it added.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.85 ( -4.49)
- 46994601
- Vodafone Idea L
- 9.09 ( -0.98)
- 25397488
- Standard Capital
- 1.51 (+ 19.84)
- 22161975
- SRU Steels
- 8.03 ( -9.98)
- 16916265
- Jaiprakash Power Ven
- 21.39 ( -4.21)
- 16283018
MORE NEWS
Future Blockchain Summit 2024: Blockchain &...
The Future Blockchain Summit 2024 brought together global blockchain and cryptocurrency...
TAC Security Partners with Google as MASA Assessor
TAC InfoSec Ltd, a global cybersecurity company, has partnered with Google as an...
Bengaluru Airport City Launches 2 Million Sq....
Bengaluru Airport City breaks ground for a new 2 million sq. ft. business park, aiming...