Putting words in practice! Soon ‘Budget promised’ industrial defense Corridor to take shape in Salem
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Salem, Jul. 15: Finance Minister in his budget speech (2018-19) had announced setting up of two Defence Industrial Corridors in the country. In pursuance to the said announcement, it has been decided to develop one such corridor in Tamil Nadu and the other one in Uttar Pradesh.
The Government has identified five nodal points in Tamil Nadu for setting up the Tamil Nadu Corridor which includes Salem. Other identified nodes are Chennai, Coimbatore, Hosur, and Tiruchirappalli.
This information was given by Raksha Rajya Mantri Shripad Naik in a written reply to Dr. V. Maitreyanin Rajya Sabha today.
Till date, six consultation meetings of stakeholders were organized across various nodes of Tamil Nadu. During the Tiruchirappalli meet held on 20th January 2019, an investment of over Rs.3100 crore was announced by OFB/DPSUs & private industries for Tamil Nadu Defence corridor.
Further, the Government has also appointed a consultant for the preparation of Detailed Project Report for Defence Corridor.