Ministry of Defence of the Republic of India

03/24/2023 | Press release | Distributed by Public on 03/24/2023 03:17

DEFENCE INDUSTRIAL CORRIDOR

Ministry of Defence

DEFENCE INDUSTRIAL CORRIDOR

Posted On: 24 MAR 2023 2:44PM by PIB Delhi

Government of India, in its budget 2018-19, has announced setting up of two Defence Industrial Corridors (DICs) to develop a holistic defence manufacturing ecosystem in the country. One corridor has been established in Uttar Pradesh with six nodes namely, Aligarh, Agra, Jhansi, Kanpur, Chitrakoot & Lucknow and another in Tamil Nadu with five nodes namely, Chennai, Hosur, Coimbatore, Salem & Tiruchirappalli.

As per the information received from Government of Uttar Pradesh, 108 Memorandum of Understanding (MoUs) have been signed with industry/organization having potential investment of Rs 12,191 crore. Investment of Rs 2,445 crore has already taken place in Uttar Pradesh Defence Industrial Corridor (UPDIC). Further, as per information received from Government of Tamil Nadu, arrangements have been made through MoUs etc. with 53 industries for potential investment of Rs 11,794 crore. Investment worth Rs 3,894 crore has already taken place in Tamil Nadu Defence Industrial Corridor (TNDIC). There is no proposal to establish any new Defence Industrial Corridor in the country.

This information was given by Raksha Rajya Mantri Shri Ajay Bhatt in a written reply to Shri Annasaheb Shankar Jolle in Lok Sabha today.

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