Defence Ministry is going to organize a meeting of stakeholders of the defence equipment manufacturers in Aligarh on August 11.
The department of Defence Production which comes under the Defence Ministry will organize a meeting of stakeholders of the defence equipment manufacturers on August 11 in Aligarh. Aligarh is one of the six nodal points of Defence Industrial corridor in UP. Other nodal points are: Agra, Jhansi, Kanpur, Lucknow and Chitrakoot.
Nirmala Sitharaman, Defence minister, UP Chief Minister Yogi Adityanath, ambassadors of several other countries, officials of Defence Ministry, Ordnance Factories and DRDO are going to attend the meeting.
Around 500 industrialists are going to attend the meeting. Sanjay Prasad, Joint Secretary told TOI that some investment related announcements are likely to be made in this meet.
“Land measuring 550 hectares has been identified by the administration in Tappal area for proposed defence corridor,” said Aligarh district magistrate CB Singh to TOI.
In this year’s union budget, two defence industrial corridors were announced to be build in Bundelkhand region of the state. Other corridor between Chennai and Bengaluru, connecting Kattupalli port, Chennai, Tiruchi, Coimbatore and Hosur is also being built.
According to the officials, the defence industrial corridor is expected to attract investment worth Rs 50,000 crore and create 2.5 lakhs jobs in the next five years.