2 defence corridors coming up in India

Minister of State for Defence Shripad Naik has said as per the budget announcement in 2018-19, it was decided to set up two Defence Industrial Corridors in the country, one in Uttar Pradesh and other in Tamil Nadu.

Replying to a question in Lok Sabha, he said, “Subsequently, six nodes have been identified for Uttar Pradesh Defence Corridor viz. Agra, Aligarh, Chitrakoot, Jhansi, Kanpur and Lucknow. Six consultation meetings of stakeholders were organized across
various nodes of Uttar Pradesh.”

During the Aligarh meet held on 11th August, 2018, investments of over Rs 3,700 crore were announced for Uttar Pradesh Corridor by DPSUs/OFB and Private industries, he said.

“In addition, Indo-Russian Rifles Private Limited (IRRPL), a joint Venture Company with Ordnance Factory Board (India), JSC Rosonbornexport and Concern Kalashnikov (Russia) was dedicated to the nation in Amethi District of Uttar Pradesh by the Hon’ble Prime Minister in March, 2019,” he said.

The Minister added: “This JV envisages production of Rifles AK203 and its modifications in India of at least 7.50 lakh Rifles. Further, Government has appointed a consultant for preparation of Detailed Project Report for the two Defence Industrial Corridors.”

Image Credit : knnindia.co.in

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