UP's Defence Manufacturing Investment Push
DEFENSE

UP's Defence Manufacturing Investment Push

The Uttar Pradesh (UP) government is ambitiously seeking to attract ?500 million in investments for its defence manufacturing corridor. This initiative aims to bolster India?s defence capabilities by establishing a robust infrastructure for defence production within the state.

This project, part of a broader national strategy, aligns with Prime Minister Narendra Modi's vision of self-reliance, or Atmanirbhar Bharat, in defence manufacturing. The UP Defence Industrial Corridor, announced in 2018, is one of two such corridors planned in the country. It spans several districts, including Aligarh, Agra, Jhansi, Kanpur, Chitrakoot, and Lucknow, with the intent to create a comprehensive ecosystem for defence equipment manufacturing.

To achieve this investment target, the UP government is actively engaging with domestic and international defence manufacturers, offering various incentives such as tax breaks, subsidies, and simplified regulatory processes. These efforts are designed to make the state an attractive destination for both Indian and foreign investors.

The government has also committed to developing the necessary infrastructure, including road and rail connectivity, power supply, and skilled labour availability. The initiative is expected to generate significant employment opportunities, potentially transforming the region into a hub for advanced manufacturing and innovation.

The Uttar Pradesh (UP) government is ambitiously seeking to attract ?500 million in investments for its defence manufacturing corridor. This initiative aims to bolster India?s defence capabilities by establishing a robust infrastructure for defence production within the state. This project, part of a broader national strategy, aligns with Prime Minister Narendra Modi's vision of self-reliance, or Atmanirbhar Bharat, in defence manufacturing. The UP Defence Industrial Corridor, announced in 2018, is one of two such corridors planned in the country. It spans several districts, including Aligarh, Agra, Jhansi, Kanpur, Chitrakoot, and Lucknow, with the intent to create a comprehensive ecosystem for defence equipment manufacturing. To achieve this investment target, the UP government is actively engaging with domestic and international defence manufacturers, offering various incentives such as tax breaks, subsidies, and simplified regulatory processes. These efforts are designed to make the state an attractive destination for both Indian and foreign investors. The government has also committed to developing the necessary infrastructure, including road and rail connectivity, power supply, and skilled labour availability. The initiative is expected to generate significant employment opportunities, potentially transforming the region into a hub for advanced manufacturing and innovation.

Next Story
Real Estate

Mahindra Lifespaces Bags Rs 12.5 billion Redevelopment in Mulund

Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has been appointed as the preferred developer for the redevelopment of a premium housing society in Mulund (West), Mumbai. The project will be developed across a 3.08-acre land parcel, with an estimated development value of approximately Rs 12.5 billion. Strategically located, the site enjoys proximity to major connectivity points—just 1.4 km from the upcoming Mumbai Metro Line 5 and 0.8 km from the Goregaon-Mulund Link Road. It also offers seamless access to the Eastern Expre..

Next Story
Infrastructure Urban

Snowman Adds Warehouses in Kolkata and Krishnapatnam

Snowman Logistics, India’s leading integrated temperature-controlled logistics company, has announced the commencement of operations at its two new state-of-the-art, owned cold storage facilities in Kolkata and Krishnapatnam. With these additions, the company’s total pallet capacity has reached 1,50,754, spanning 43 warehouses in 20 cities across the country. The newly operational Kolkata facility offers a storage capacity of 5,630 pallets, while the Krishnapatnam facility holds 3,927 pallets. These warehouses are equipped with advanced automation and infrastructure designed to enhanc..

Next Story
Resources

Noesis Enables IHCL Hotel Deal in Udupi–Manipal Corridor

NOESIS Capital Advisors, India’s leading hotel investment advisory firm, has successfully facilitated a landmark hospitality transaction in the Udupi–Manipal region of Karnataka. The deal involves the acquisition of a nearly completed, 130-key upscale hotel that will operate under one of the premium brands of IHCL, reinforcing NOESIS’ position as a preferred partner for strategic hospitality transactions across India. Strategically located on the Udupi–Manipal Highway, the 1.03-acre property will cater to business travellers, pilgrims and families visiting Manipal University. With..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?