INVESTMENTS TO POUR IN DIC

Delta and Werywin will be investing Rs 215 crore to set up ammunition units in UP’S Defence Industrial Corridor (DIC). The corridor will also host firms that make sophisticated drones & missiles

The upcoming Defence Corridor in UP will not only host bigger companies manufacturing drones and missiles, but also firms that make cartridges for arms used by the security forces such as assault and sniper rifles and CQB carbines, frames for polymer frame pistols and safety equipment.

Two companies namely Delta Combat Systems Limited

(Delta) and Werywin Defence Private Limited are investing Rs 215 crore in the Jhansi node of the Defence Corridor to set up their units for manufacturing smaller arms.

Delta Combat Systems Limited has been allotted 15 hectares of land to set up its plant at the cost of Rs 150 crore. It will make cartridges for assault, sniper and INSAS rifles as well as CQB carbines and other weapons being used by the armed forces. The Yogi Government has also allotted land to companies for making Brahmos missiles and drones in Lucknow and Aligarh nodes of the Defence Corridor respectively and the construction is expected to start soon. The setting up of this company will provide employment to about 15000 people.

It is noteworthy that Prime Minister Narendra Modi had announced the creation of a Defence Corridor in UP during the Investors' Summit in January, 2018. Subsequently, the UP Government decided to establish the corridor covering Lucknow, Kanpur, Chitrakoot, Jhansi, Agra and Aligarh districts.

It was followed by signing of Mous worth Rs 50,000 crore with domestic and foreign companies manufacturing defence products during the Defence Expo held in Lucknow in February, 2020.

According to officials, 29 companies had submitted their proposals to the Government for setting up their factories in the Aligarh node of which 20 reputed firms have been allotted 55.40 hectares of land by the Uttar Pradesh Expressways Industrial Development

Authority (UPEIDA). The companies will be establishing their plants at the cost of Rs 1,245.75 crore. Similarly, 11, 6 and 8 companies had submitted their proposals for setting up their factories in Lucknow, Jhansi and Kanpur nodes respectively.

The most prominent companies setting up their factories in the Aligarh node of the corridor are Allen & Alvan Pvt Ltd and Encore Research LLP, which will be making the most sophisticated drones. The companies are investing Rs 550 crore to set up their plants.

According to UPEIDA officials, the corridor will not only give UP a new identity, but also lead the country towards self-reliance in defence equipment production, which was unimaginable only four and a half years ago before Chief Minister Yogi Adityanath took over as Chief Minister of the state. The Defence Corridor will also see many international firms set up their plants for manufacturing advanced weapons.

■ 1479.4830 hectare land purchased at Aligarh, Kanpur Jhansi and Chitrkoot nodes

■ Land allotted to 22 companies at Aligarh, Kanpur and Jhansi

■ Industry MOUS-57

■ Institutional MOUS-11

■ Land allocated to 22 industries, 74.401 hectares

The confidence that Uttar Pradesh can become the powerhouse of India’s growth engine has emerged in recent years.

Narendra Modi, Prime Minister