HAL is nodal agency for Defence Expo
LUCKNOW: The Hindustan Aeronautics Limited (HAL) will be act as nodal agency for the conduct of the four-day Defence Expo scheduled in Lucknow from February 5 to 8 next year.
Apart from giving security clearance, preparing ground layout, the Central government-run organisation will also coordinate with the state government for the expo, said a state government official.
The 11th Defence Expo is billed to be the biggest such event till date in which defence companies from all across the world and India will put up their stalls and showcase their weapons and defence-related equipment.
The HAL will also have the responsibility to oversee other preparations, including emergency services, catering, entryexit points among others.
The HAL will also display indigenous fighter jet Tejas manufactured by it and Dhruv helicopter.
Companies setting up their stalls and willing to invest in the Defence Corridor coming up in Bundelkhand will be taken for site visit of the land.
The state government has made its Defence and Aerospace manufacturing policy more lucrative for investors by offering more tax rebates for those willing to set up their units in Bundelkhand region and offering sops for those willing to run simultaneous skill development courses.
The Yogi Adityanath government came up with the Uttar Pradesh defence and manufacturing policy 2018 after PM Narendra Modi announced Defence Corridor for the Bundelkhand region.
On February 21 last, PM Modi had announced Rs 20,000 crore Defence Industrial Corridor in Bundelkhand region considered as one of the most backward regions in the state.
The Yogi government has offered financial benefits for such units willing to give yearlong skill development training along with jobs to youths.
The government will pay Rs 10,000 per month per youth to such industrial units that are willing to offer year-long skill development training along with job to a youth.
Each unit will be entitled to train 50 youths.
As the Defence Corridor is aimed at generating more jobs for drought –hit Bundelkhand region, the state government has offered capital subsidy for industrialists who are willing to invest up to Rs 10 crore.