Uttar Pradesh to get defence innovation hub

By: | Published: February 23, 2018 7:01 AM

Close on the heels of Prime Minister Narendra Modi’s announcement of setting up a Rs 20,000-crore defence industrial corridor in the Bundelkhand region of Uttar Pradesh, defence minister Nirmal Sitharaman on Thursday got to work and announced that a defence innovation hub will soon come up which would give employment to 1 lakh people in the next 10 years.

Uttar Pradesh, Narendra Modi, Bundelkhand region, Nirmal Sitharaman, arun jaitley, Yogi Adityanath, Uttar Pradesh Investors SummitThe Centre would also build a common facility centre for testing ammunition, the minister said. (PTI)

Close on the heels of Prime Minister Narendra Modi’s announcement of setting up a Rs 20,000-crore defence industrial corridor in the Bundelkhand region of Uttar Pradesh, defence minister Nirmal Sitharaman on Thursday got to work and announced that a defence innovation hub will soon come up which would give employment to 1 lakh people in the next 10 years. Stating that there are immense investment opportunities in the defence and aerospace sector in Uttar Pradesh, Sitharaman said, “We will soon constitute a task force which would mobilise and send teams to all the centres that the corridor will pass through, such as Aligarh, Agra, Jhansi, Chitrakoot, Kanpur and Lucknow to discuss how the defence sector will be working in the next 50 years. We would work out the requirements of the sector and guide those wanting to set up new industries in the sector to the kind of equipment needed by the defence sector.”

The Centre would also build a common facility centre for testing ammunition, the minister said. FM: Good urban infra necessary for growth Finance minister Arun Jaitley said a good urban infrastructure is crucial for progress and is necessary to spur growth. Addressing the valedictory session at the Uttar Pradesh (UP) Investors Summit on Thursday, Jaitley said any state which can boast of a robust infrastructure, employment opportunities and economic activity becomes an attractive hub for investors. Lauding chief minister Yogi Adityanath’s leadership, Jaitley said the state government is on a mission to “rewrite the history of UP”.

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