PM Modi lays foundation for Rs 20,000 crore defence corridor in UP

Prime Minister Narendra Modi today laid the foundation of the flagship Bundelkhand Defence Industrial Corridor in Jhansi district of Uttar Pradesh, which is expected to attract investment of Rs 20,000 crore.

The Defence Corridor consists of various infrastructure projects totalling over Rs 40,000 crore in the arid Bundelkhand region, which were either inaugurated or witnessed their foundation laying by Modi.

The PM had announced the development of the Corridor after inaugurating UP Investors Summit in Lucknow on 21 February, 2018. The mega infra would span 6 nodes at Aligarh, Agra, Jhansi, Kanpur, Lucknow and Chitrakoot and create 250,000 job opportunities.

So far, memorandums of understanding (MoU) worth Rs 4,000 crore have already been signed with public and private sector companies for the Corridor. Read More

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