MoD and defence corridors

Government has established two Defence Industrial Corridors, one each in the States of Uttar Pradesh and Tamil Nadu. The investments of Rs 20,000 crore are planned in Defence corridors of Uttar Pradesh and Tamil Nadu by year 2024. The progress is reviewed regularly at apex level. So far, investment of approx. Rs 3342 crore have been made in both the corridors by public as well private sector companies. Moreover, the respective State Governments have also announced their aerospace & defence policies to attract private players as well as foreign companies including Original Equipment Manufacturers (OEMs) in these two corridors.