India has set up two Defence Industrial Corridors

Spread the love

—uttarakhandhimalaya.in

NEW DELHI, 3 APRIL. Government of India has set up two Defence Industrial Corridors (DICs) in order to attract total investment worth Rs 20,000 crore by the year 2024-25 for defence industries, develop the domestic supply chain and strengthen the defence manufacturing ecosystem in the country. In Uttar Pradesh Defence Industrial Corridor (UPDIC), there are 06 nodes namely, Aligarh, Agra, Jhansi, Kanpur, Chitrakoot & Lucknow, and in Tamil Nadu Defence Industrial Corridor (TNDIC) 05 nodes namely, Chennai, Hosur, Coimbatore, Salem & Tiruchirappalli. Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) is the nodal agency for UPDIC and Tamil Nadu Industrial Development Corporation (TIDCO) is the nodal agency for TNDIC. Both States have promulgated their respective Aerospace & Defence Policies to attract investments in DICs.

As per available information, 108 Memorandum of Understanding (MoU) have been signed with industry/organisation in UPDIC having a potential investment of Rs 12,191 crore. An investment of Rs 2,445 crore has been made and 1611 Hectares of land have been acquired so far for the development of UPDIC. Further, in Tamil Nadu, arrangements have been made through MoUs etc with 53 industries for a potential investment of Rs 11,794 crore. Investment worth Rs 3,894 crore has been made and 910 Hectares of land have been acquired so far for the development of TNDIC.

The DICs have been established to develop a holistic defence manufacturing ecosystem which is a progressive and ongoing process.

This information was given by Raksha Rajya Mantri Shri Ajay Bhatt in a written reply to Shri Sanjay Singh in Rajya Sabha today.

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!