Govt identifies 11 nodes in Defence Industrial Corridors. What are they?

Hindustan Aeronautics Limited has planned capital investment of Rs 1,200 crores over a period of five years
Govt identifies 11 nodes in Defence Industrial Corridors. What are they?

New Delhi: The government has identified a total of 11 nodes in the two Defence Industrial Corridors that are coming up in Uttar Pradesh (UP) and Tamil Nadu, Minister of State for Defence Shripad Naik said on Wednesday. Six nodes have been identified in UP — Agra, Aligarh, Chitrakoot, Jhansi, Kanpur and Lucknow. And five nodes have been identified in Tamil Nadu — Chennai, Coimbatore, Hosur, Salem, and Tiruchirappalli.

Status report

In a written response submitted in the Lok Sabha, Naik said that till date, six consultation meetings of stakeholders each in Uttar Pradesh and Tamil Nadu were organised across its various nodes.

Money matters

During the Aligarh meet held on August 11, 2018, investments of over Rs 3,700 crores were announced for Uttar Pradesh Corridor by OFB/DPSUs and private industries. Similarly, during the Tiruchirappalli meet held on January 20 this year, an investment of over Rs 3,100 crores was announced by OFB/DPSUs and the private sector for Tamil Nadu Defence Corridor.
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The government has also appointed a consultant for the preparation of Detailed Project Report for the Defence Corridors.

HAL investing Rs 1,200 cr over 5 years

Hindustan Aeronautics Limited (HAL) has planned capital investment of Rs 1,200 crores over a period of five years in their units located at Lucknow, Kanpur, Korwa and Naini.  Modernisation programme of factories under OFB is primarily focused on manufacturing quality product with cost effectiveness, taking into account the current and long term future requirements for Indian Armed Forces, Naik said.

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