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Magnetic Maharashtra: MoU for Rs 2.17 bn defence facilitation centre inked

Chief Minister Devendra Fadnavis was present at the MoU signing ceremony, the official told PTI

Press Trust of India  |  Mumbai 

Devendra Fadnavis, Magnetic Maharashtra

A Memorandum of Understanding for setting up a Rs 2.17 billion and defence sector was signed at the 'Magnetic Maharashtra' global investors summit here.

The MoU was signed by Maharashtra's (Industries) Dr Harshadeep Kamble, (retd) of Defence Industrial Hub Pvt. Ltd and of at the event yesterday, an said.

Devendra was present at the MoU signing ceremony, the told

The MoU will facilitate the development of and defence sector in in a time-bound manner by setting up 'Nirman', a 'not for profit' and Defence.

The pact, between Tata Technologies Limited, Defence Industrial Hub Pvt. Ltd and Government, will promote as the and defence manufacturing and export hub and will help develop the state as a defence R&D and innovation and testing centre, the said.

The centre will enable industry-ready skilled manpower for the and defence sector by imparting on the job training.

The government will facilitate obtaining necessary permissions, registration, approvals and clearance from concerned state departments for the project as per prevailing policies, rules and regulations, the said.

First Published: Tue, February 20 2018. 16:40 IST