UP Govt inks over 154 defence deals worth Rs 250 Bn

09 Jul 2024 CW Team

According to a senior Uttar Pradesh government official, the state administration has finalised more than 150 defence manufacturing agreements amounting to Rs 250 billion. The government is focusing on expanding India's defence export capabilities. The Ministry of Defence announced that India's annual defence production reached nearly Rs 1.27 trillion in FY24, marking a 16.7% increase from the previous year's figure of about Rs 1.09 trillion.

These defence projects are part of the extensive UP Defence Industrial Corridor (UPDIC), encompassing Lucknow, Kanpur, Jhansi, Aligarh, Chitrakoot, and Agra districts. The official stated that these initiatives are expected to generate approximately 40,000 new jobs.

"We have entered into 154 memorandums of understanding (MoUs) with various companies, and around 85 deals are currently under evaluation," he mentioned. The Uttar Pradesh Expressway Industrial Development Authority (UPEIDA), serving as the corridor's nodal agency, continues to acquire large tracts of land for allocation to industrial entities. UPEIDA has acquired 1,700 hectares of land to date, with over 40 companies already allocated parcels.

"These 42 companies are poised to invest nearly Rs 80 billion in their respective projects, which will significantly contribute to Uttar Pradesh becoming a pivotal component in India's quest for self-reliance in defence production and boosting defence exports," the official elaborated.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..