Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Sitharaman inaugurates Tamil Nadu Defence Industrial Corridor to boost indigenous production

In a bid to boost indigenous defence production in India, Defence Minister Nirmala Sitharaman on Sunday inaugurated the Tamil Nadu Defence Industrial Corridor in Tiruchirapalli district of the South Indian state. The much-ambitious corridor in the heart of Tamil Nadu also gets an impressive response from the local industrialists with various private and public sectors announcing an investment of around Rs 3100 crores.

Speaking at the inaugural ceremony in Tiruchirapalli, Sitharaman said, “The response from the local industry to this defence corridor has been amazing. They even wanted to extend this corridor up to Palakkad but we had to tell them that it would currently consist of these five nodes (cities) only.

The Defence Minister also spoke about various initiatives for the industry to engage with armed forces and co-create the best in defence technologies under the banner of “Make in India’ programme. Besides accelerating growth in regional industries, these corridors will also facilitate a well-planned and efficient industrial base resulting in a boost to defence production.

The Tamil Nadu Defence Industrial Corridor, also called the Tamil Nadu Defence Production Quad as the nodal cities form a quadrilateral, includes Chennai, Hosur, Salem, Coimbatore and Tiruchirappalli as nodes. The idea behind setting up defence industrial corridors is to ensure connectivity among various defence industrial units

The post Sitharaman inaugurates Tamil Nadu Defence Industrial Corridor to boost indigenous production appeared first on Defenceaviationpost.com.



This post first appeared on Defence Aviation News In India, please read the originial post: here

Share the post

Sitharaman inaugurates Tamil Nadu Defence Industrial Corridor to boost indigenous production

×

Subscribe to Defence Aviation News In India

Get updates delivered right to your inbox!

Thank you for your subscription

×