Tamil Nadu Defence Corridor to formally launch on January 20

Tamil Nadu Defence Corridor to formally launch on January 20

The Tamil Nadu Defence Corridor will be formally launched later this week in Trichy with new defence products, investments and a defence innovation hub to improve design and manufacturing capabilities, said a top government official. 

The event will be attended by Defence Minister Nirmala Sitharaman and senior defence ministry and armed forces officials. Defence products are expected to be unveiled at the event, besides launching of a defence innovation hub in Coimbatore, officials said.

The corridor will be launched on January 20 with three main events taking place on that day, said Dr Ajay Kumar, Secretary Defence Production. They include the announcement of new investments by Defence PSUs, the private sector, launch of new defence products and the defence innovation hub in Coimbatore. 

Finance Minister Arun Jaitley, in his Budget speech on February 2 last year, had announced that two defence industrial production corridors will be set up in the country to promote domestic defence industry. The government had envisaged building corridors in Uttar Pradesh and Tamil Nadu. The idea behind setting up the defence industrial corridors was to ensure connectivity among various defence industrial units. The Tamil Nadu industrial corridor will connect Chennai, Hosur, Coimbatore, Salem and Tiruchirappalli.

It will help to bolster interaction between all industry players in order to create long-term synergy and eventually develop the area into a defence production powerhouse.

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