Updated By: LatestGKGS Desk
Projects for Defence Industrial Corridor launched in Uttar Pradesh's Aligarh: Details
Projects for Defence Industrial Corridor launched in Uttar Pradesh's Aligarh: Details
The projects for defence industrial corridor in Aligarh, Uttar Pradesh were launched recently by Union Defence Minister Nirmala Sitharaman and Uttar Pradesh Chief Minister Yogi Adityanath.
The defence industrial corridor was launched as part of the Union Government’s efforts to develop specialised zones dedicated to defence production in the state.
As part of the defence corridor in UP, six nodal points, Agra, Aligarh, Lucknow, Kanpur, Chitrakoot, and Jhansi have been identified.
There will be an exhibition of products by armed forces, defence public sector undertakings (PSUs) and Defence Research and Development Organisation (DRDO) which are planned to be indigenized over the next five years.
Defence Manufacturing was identified as one of the 25 key sectors as part of the Make in India initiative.
In 2018-19 Union Budget, Government had announced setting up of two corridors – one in Tamil Nadu and other in UP- exclusively for defence manufacturing.
The main purpose of setting of these two corridors is for the inclusion of Indigenous Design, Development and Manufacture (IDDM) category and giving it a top priority in the capital acquisition, the introduction of make procedure and simplification of licensing process and modification of offset policy.
