Tamil Nadu’s new policy aims for major push to aerospace & defence sector


The Tamil Nadu government on Wednesday released the new Aerospace and Defence Policy, 2019, which aims to increase the defence sector’s share of the industry to 30 per cent and create high-end employment opportunities for around 100,000 people in the state.

The policy was released by Union Defence Minister Nirmala Sitharaman at the inaugural ceremony of the state Global Investors Meet 2019. Of the two defence industrial production corridors planned by the Centre, one is coming up in Tamil Nadu and another in Uttar Pradesh.

Already investment proposals to the tune of Rs 3,100 crore have come from the ordinance factory boards (OFBs), Defence Public Sector Undertakings (DPSUs) and private sector units. Read More

You may also read!

Defence Ministry to Discuss Corporatisation of Ordnance Factory Board With Employees Federation

After the Defence Ministry clarified yesterday that there was no proposal to privatise the Ordnance Factory Board (OFB), the

Read More...

AirAsia to remove processing fee to keep air travel affordable

AirAsia Bhd will be removing the processing fee for Malaysia for bookings made from Oct 1 to keep air

Read More...

Indian Army blasts Pakistani post after ceasefire violation in Rajouri

Indian Army gave a befitting reply to Pakistani army after it violated ceasefire in Rajouri sector of Jammu and

Read More...

Leave a reply:

Mobile Sliding Menu