UP government will organize a defence exhibition in Kanpur next month to promote manufacturing in the upcoming defence corridor. Officials said that a defence manufacturing policy will be announced shortly and that land acquisition for the corridor would start soon.
State industries minister Satish Mahana said, “Earlier, licenses were required for manufacturing of 240 defence-related products. These have now been de-licensed and therefore we are expecting an influx of private manufacturers in the field.
On Monday, I met representatives of PSUs like HAL and industrialists to work out how the project can be taken forward in a time-bound manner.” Stalls of 240 defence-related products would be set up at the expo to attract manufacturers.
Mahana said that all formalities related to the corridor will be completed by October and added that the corridor will be developed in clusters. “New rules are being formulated for acquisition of land for the corridor that will make the process simpler. Read More