Defence Manufacturing Corridor Will Augur Well For Nation: Pon Radhakrishnan

With Chennai, Coimbatore and Hosur regions emerging as promising vibrant start-up ecosystems in the State, a defence manufacturing corridor, if established in Tamil Nadu, would augur well for the country’s prosperity and security, asserts Union Minister of State for Finance and Shipping Pon Radhakrishnan.

The Minister who is lobbying with the Centre to industrialise TN in a big way under the Prime Minister Narendra Modi’s scheme of Make in India, has urged the Defence Ministry to set up a Defence Manufacturing Corridor in TN, which is the most suitable State in India for the development of a high-tech defence industry complex. “It is in economic as well as security interest of the country that defence equipments are of indigenous design and make. Read More…

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