Indian Prime Minister Narendra Modi announced on February 21, 2018 that the government would be establishing a defence industrial production corridor in Uttar Pradesh.
The corridor is expected to be built at an estimated cost of Rs 20,000 crore and it is expected to generate about 250,000 jobs.
The announcement was made by the Prime Minister while addressing the Investors meet in Uttar Pradesh. He stated that in this year’s budget, two defence industrial production corridors were proposed, among them one would be constructed in Uttar Pradesh.
Key Highlights
• The Industrial corridor will link Agra, Aligarh, Lucknow, Kanpur, Jhansi and Chitrakoot.
• It will be constructed keeping in mind the development requirements of Bundelkhand region.
• The government had earlier announced that it would develop two such corridors.
• The first of the two corridors will be constructed between Chennai and Bengaluru, linking Kattupalli port, Chennai, Tiruchi, Coimbatore and Hosur.
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