India's largest state UP invites investments to defence corridor

To make it easier for the firms investing in the UP Defence Corridor in terms of connectivity, the state will set up six nodes, which will be located on the expressways, which includes Bundelkhand Expressway that is in the completion stage.

 

The defence corridor policy is one of the major policies of the state government that is on display at the India Pavilion at Expo 2020 Dubai during the ongoing ‘State Week’, which has been inaugurated by Chief Minister Yogi Adityanath.

 

Outlining the business-friendly initiatives associated with the state’s Defence Corridor policy, Dr Muthukumarasamy B, Special Secretary, Infrastructure & Industrial Development Department, Government of Uttar Pradesh said: “We are developing six nodes -- Aligarh, Agra, Jhansi, Chitrakoot, Kanpur and Lucknow under Defence Corridor. We have strong ancillary base to support the needs of defence manufacturing and ensuring continuous supply of raw materials, labour and other needs of the industry.”

 

“The state has existing manufacturing bases that include Hindustan Aeronautics Limited, and we also have prominent ordnance factories in Uttar Pradesh -- Bharat Electronics Ltd and Hindustan Aeronautics Limited. We are also focusing on Research & Development and innovation base,” he said, adding that investors can come and invest in the six identified nodes.

 

“We have good land parcels available. We have recently allotted land to BrahMos missile and manufacturing unit will be coming in Lucknow. We have allotted land to Bharat Dynamics also. We have nearly 3,000 hectares of land proposed to be notified and we will purchase these lands and will be made available to investors,” said Dr Muthukumarasamy.

 

“There is no connectivity issue and manufacturing units will be well connected to the expressways,” he said.

“We are mobilising an SME ecosystem for small scale units, which can come and invest. We are developing export-oriented manufacturing base for defence sector. We would like to bridge the market gaps and connect the ancillary units in the state to meet the requirements of defence Public Sector Units,” added Dr Muthukumarasamy.