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The central government has set up two Defence Industrial Corridors (DICs) in order to attract total investment worth Rs 20,000 crore by the year 2024-25 for defence industries & develop domestic supply chain.
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Central govt in its budget 2018-19, has announced setting up of two Defence Industrial Corridors (DICs) to develop a holistic defence manufacturing ecosystem in the country.
Former Air Chief Marshal RKS Bhadauria has been appointed as chief nodal officer of the Uttar Pradesh Defence Industrial Corridor (UPDIC).