Invest in defence corridor: Rajnath to Swedish firms
LUCKNOW: A webinar on India-Sweden Defence Industry Cooperation was organised on Tuesday in which defence minister Rajnath Singh invited Swedish firms to visit two defence corridors, including the one in Uttar Pradesh, in India.
The Society of Indian Defence Manufacturers (SIDM) had organised the event aimed at bringing officials and industry representatives from both sides together and highlight areas where bilateral cooperation could grow between the two countries.
Speaking on the occasion, Singh invited a high-level Swedish delegation to visit industrial units of the defence sector and the two defence corridors in India.
Awanish Awasthi, additional chief secretary, UP government, was also present in the webinar. He highlighted opportunities available in the defence industrial corridor in the state and invited Swedish firms to invest in the defence corridor.
Around 350 participants attended the event.
The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) is the nodal agency to execute the project.
The defence corridor would come up in Bundelkhand region and is expected to generate more than one lakh jobs. The corridor will have six nodes- Aligarh, Agra, Jhansi, Chitrakoot, Kanpur and Lucknow.
On February 21, 2018, PM Narendra Modi had announced Rs 20,000 crore defence industrial corridor in Bundelkhand region which is considered one of the most backward regions in the state.