Modi government to make investment of Rs 30 billion in UP Defence Corridor

UP setting up Defence Production Management Cell for Rs 200 billion project

The Narendra Modi government would invest about Rs 30 billion in the proposed UP Defence Corridor, which in turn is expected to generate a total investment of Rs 200 billion.

The central government investment would be made for creating necessary infrastructure such as ammunition blast testing centre to facilitate ‘plug and play’ model by the private sector companies in setting up their facilities.

Union minister of state for defence Subhash Bhamre today said here the central investment of Rs 30 billion would be in addition to the Rs 200 billion projected to flow in the form of private investment in