Defence Minister Rajnath Singh Tuesday reviewed implementation of the two defence industrial corridors which aim to boost military production.
In his 2018 budget speech, the then finance minister Arun Jaitley had proposed setting up of the two corridors.
The first corridor will link Chennai with a number of industrial clusters including Hosur, Salem, Coimbatore and Tiruchirappalli. The second corridor is being set up in Uttar Pradesh.
In a meeting, a presentation was made before Singh highlighting various aspects of the two corridors, officials said.
"During the meeting, the defence minister directed the officials to speed up the process of setting up of the corridors," the defence ministry said in a release.
"It was also suggested to hire resource persons as the defence sector is highly complex. It was also discussed that for investments to materialise in the defence corridors, assured order for defence items was the primary driving force," it said.
Top officials of the defence ministry were present in the meeting.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
