Investors Summit: Yogi Looks For Investment In Defence Manufacturing Sector


The Yogi Adityanath government is set to pitch for the emerging defence manufacturing in the state during the two day Rs UP Investors Summit’ starting in Lucknow from Wednesday.

The government plans to lay out the red carpet for global and India Inc for the Summit to be inaugurated by Prime Minister Narendra Modi on Wednesday.

The Chief Minister has already said that UP has potential to attract private investments of almost Rs one lakh crore in the sector, especially in the backdrop of Modi government aspiring for greater defence indigenisation under ‘Make in India’.

The importance that Yogi attaches to this new manufacturing segment is indicated in his scheduled presence at the session on ‘Defence and Aerospace: Investment Opportunities in Uttar Pradesh’ which would be chaired by Union Defence minister Nirmala Sitharaman on the concluding day of the Summit on February 22.

The state government has also planned to develop a defence manufacturing hub in the arid region of Bundelkhand, which has an abundance of non-agricultural land.

The proposed 320 km long Bundelkhand Expressway connecting Jhansi and Kushinagar and intersecting 302 km long Agra-Lucknow Expressway and the proposed 352 km long Purvanchal Expressway is projected to boost the prospects of defence manufacturing corridor through faster connectivity and better logistics. Read More…

You may also read!

Indian Navy to adopt high tech approach to detect and deter maritime threats in the Indian Ocean Region

In line with Prime Minister Narendra Modi’s vision towards Security and Growth of all in the Region (SAGAR, the

Read More...

Dubai-based Accused in VVIP Chopper Case Moves for Anticipatory Bail

A Dubai-based businessman and accused in a money laundering case connected with the Rs 3,600-crore VVIP chopper deal moved

Read More...

Naxals Following in Footsteps of Veerappan to Expand Base at Tri-Junction of Kerala, Karnataka, Tamil Nadu

Naxals are on the verge of creating a ‘consolidated front’ on the Western Ghats and to do this they

Read More...

One commentOn Investors Summit: Yogi Looks For Investment In Defence Manufacturing Sector

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu