- PM Modi visit USAOnly the mirror in my washroom and phone gallery see the crazy me : Sara KhanKarnataka rain fury: Photos of flooded streets, uprooted treesCannes 2022: Deepika Padukone stuns at the French Riviera in Sabyasachi outfitRanbir Kapoor And Alia Bhatt's Wedding Pics - Sealed With A KissOscars 2022: Every Academy Award WinnerShane Warne (1969-2022): Australian cricket legend's life in picturesPhotos: What Russia's invasion of Ukraine looks like on the groundLata Mangeshkar (1929-2022): A pictorial tribute to the 'Nightingale of India'PM Modi unveils 216-feet tall Statue of Equality in Hyderabad (PHOTOS)
Indian men's hockey team captain Harmanpreet Singh has been named Player of the Year 2024
- World Boxing medallist Gaurav Bidhuri to flag off 'Delhi Against Drugs' movement on Nov 17
- U23 World Wrestling Championship: Chirag Chikkara wins gold as India end campaign with nine medals
- FIFA president Infantino confirms at least 9 African teams for the 2026 World Cup
- Hockey, cricket, wrestling, badminton, squash axed from 2026 CWG in Glasgow
- FIFA : Over 100 female footballers urge FIFA to reconsider partnership with Saudi oil giant
34 defence sector projects to be unveiled in GBC in UP Last Updated : 15 Feb 2024 01:52:57 PM IST 34 defence sector projects to be unveiled in GBC in UP Nearly 34 investment projects worth Rs 3,585.85 crore are ready to be included in the upcoming groundbreaking ceremony (GBC) in Uttar Pradesh.
The Uttar Pradesh Defence Industrial Corridor (UPDIC) is attracting major investments and demonstrating commitment to make India ‘Atmanirbhar’ (self-reliant) in the defence and aerospace sector.
So far, the sector has attracted 114 investment intents with a proposed investment of Rs 24,510.60 crore and potential employment generation of 41,667.
These projects are spread across Aligarh, Jhansi, Kanpur and Lucknow nodes of the defence industrial corridor and would generate over 8,530 employment opportunities.
Among major companies, which have proposed investment in defence industrial corridor, include BrahMos Aerospace and Areolloy Technologies at Lucknow, Bharat Dynamics Ltd, Armoured Vehicles Nigam Ltd, Tata Technologies Ltd, Global Engineers Ltd and WB Electronics India Ltd at Jhansi, Adani Defence Systems & Technologies Ltd, Ananth Technologies and Genser Aerospace at Kanpur, Anchor Research Labs LLP and Amitec Electronics at Aligarh.
These investors have either established their units or are in the process of implementing their projects.
It may be recalled that the establishment of Uttar Pradesh Defence Industrial Corridor was announced in February 2018 by the Prime Minister. The state government also moved fast in acquiring greenfield land parcels at Agra, Aligarh Chitrakoot, Jhansi, Kanpur, and Lucknow nodes, creating a land bank of in Phase-I.
The Government of Uttar Pradesh is investing in developing basic infrastructure across nodes, creating a conducive environment for investors. IIT Kanpur and IIT (BHU) Varanasi have been nominated as the Centres of Excellence, conducting research and filling critical R&D gaps.
The Ministry of Defence, Government of India has launched the Defence Testing Infrastructure Scheme with an outlay of Rs 400 crore for creating state of the art testing infrastructure in partnership with the private industries.
A grant-in-aid of Rs 117.06 crore has been approved by Ministry of Defence, Government of India for establishing three defence testing facilities in Kanpur and Lucknow.
UP Defence Industrial Corridor has collaborated with financial institutions to offer customized loans and cater to the specific needs of MSMEs and startups in the defence and aerospace sector.
The current surge in investment and investors aligns with the government's indigenisation policy, emphasizing the manufacturing of 509 items on the positive list and 4,666 Line-Replaceable Units that will be compulsorily manufactured in India, translating into a total home-grown business of Rs 1,75,000 crore.
UP Defence Industrial Corridor is transforming Uttar Pradesh into a major hub for defence and aerospace manufacturing, contributing to India's self-reliance and economic growth. The Yogi government's commitment to creating a supportive ecosystem and fostering innovation is attracting leading players and propelling the corridor's success.IANS Lucknow For Latest Updates Please-
Join us on
Follow us on
172.31.16.186