Defence Corridor

NDA promises defence corridor, flood panel in Bihar if voted to power: Shah

Union Home Minister Amit Shah on Monday said a defence corridor will come up in Bihar and factories will be set up in each district if the NDA is voted to power. Addressing a poll rally in Sheohar, Shah exuded confidence that the NDA will again form government in Bihar, and the RJD-Congress will be wiped out by 1 pm on November 14 when the election results are declared. "From the time of Emperor Chandragupta Maurya to Narendra Modi, the Gandak, Koshi and Ganga rivers have wreaked flood havoc in Bihar. The NDA, if voted to power, will form a commission to make Bihar flood-free," he said. We will establish a defence corridor in the state, and set up factories in each district in addition to building MSME and industrial parks... We will launch the Vande Bharat train from Sitamarhi to Ayodhya on the consecration day of the Sita temple, the home minister said. Shah also said he performed the ground-breaking ceremony for the Rs 850-crore Sita temple at Punaura Dham here. He said the ...

Rajnath Singh's positive response to defence corridor in Assam: CM Sarma

Assam Chief Minister Himanta Biswa Sarma on Friday said Defence Minister Rajnath Singh has responded positively to the proposal of setting up the country's third defence corridor in the state. Sarma met Singh during his recent visit to New Delhi and discussed the issue of setting up of a defence corridor in the state after Uttar Pradesh and Tamil Nadu. 'After the setting up of a semiconductor unit in the state, we are keen that it becomes a defence production hub and Singh has responded positively to the proposal', Sarma said at a press conference here. Sarma asserted that the proposal is under "advanced consideration" but it may take some time due to its sensitivity. The Chief Minister pointed out that several factors need to be evaluated before a final decision is made, but establishing a defence corridor would significantly impact the state's economic landscape. Sarma also noted that, for the first time, the Union Budget acknowledged that Assam's floods are exacerbated by water

Centre gives nod for construction of Rithala-Narela-Kundli metro corridor

The Centre has cleared a Ministry of Housing and Urban Affairs-DDA proposal for the construction of the Rithala-Narela-Kundli metro corridor, a Raj Niwas statement said on Saturday. Delhi Lieutenant Governor V K Saxena had taken up the construction of this metro corridor with the Centre on various occasions, it said. The Rithala-Narela-Kundli metro corridor will be constructed at a cost of Rs 6,231 crore with the Delhi portion estimated to cost Rs 5,685.22 crore and the Haryana portion Rs 545.77 crore, the statement said. This corridor is planned as an extension of the existing Red Line. Nearly 40 per cent of the cost of the Delhi portion will be borne by the central government. The Delhi Development Authority (DDA) will be contributing Rs 1,000 crore of the remaining cost while 37.5 per cent of the capital will come from bilateral/multilateral loans and about 20 per cent from the Delhi government, it said. For the Haryana portion, while the state government will provide grants ..

No proposal to establish new defence industrial corridor in country: Govt

There is no proposal to establish any new defence industrial corridor in the country, Parliament was informed on Friday. Minister of State for Defence Ajay Bhatt said this in written response to a query in the Lok Sabha. The government, in its budget for 2018-19, announced setting up of two defence industrial corridors (DICs) to develop a holistic defence manufacturing ecosystem in the country, he said. One corridor has been established in Uttar Pradesh with six nodes, namely Aligarh, Agra, Jhansi, Kanpur, Chitrakoot and Lucknow. The second is in Tamil Nadu with five nodes, namely Chennai, Hosur, Coimbatore, Salem and Tiruchirappalli, he said. "As per the information received from the government of Uttar Pradesh, 108 Memorandum of Understanding (MoUs) have been signed with industry/organisation having potential investment of Rs 12,191 crore. Investment of Rs 2,445 crore has already taken place in Uttar Pradesh Defence Industrial Corridor (UPDIC)," he said. Further, as per informa

Defence procurement, pipeline offer strong growth for Bharat Dynamics

Margins for state-owned firm that specialises in missiles would be range bound given higher raw material costs

UP Defence Corridor set to realise Rs 50,000 cr investment potential

MoUs for investment worth Rs 12,000 crore already signed with private firms and institutions, says nodal chief

Uttar Pradesh: Global defence firms to attend investment meet in Lucknow

In probable first-time-ever prospect, the world's leading military hardware makers will compete in a commercial landscape in the aftermath of the Russia-Ukraine conflict.

PM to lay foundation of varsity, Aligarh node of defence corridor: UP CM

PM Modi will lay foundation stones of a state university and the Aligarh node of the defence corridor here on September 14, Uttar Pradesh Chief Minister Yogi Adityanath said here on Wednesday.

UP to woo investors in Russia, Europe for proposed Defence Corridor

The Uttar Pradesh Defence corridor is estimated to attract Rs 20,000 crore investment and create 250,000 jobs

Sitharaman, UP CM to launch defence industrial corridor in Aligarh tomorrow

Six nodal points have been identified in state -- Agra, Aligarh, Lucknow, Kanpur, Chitrakoot and Jhansi -- for the corridor

Tamil Nadu, Karnataka gear up after Centre clears defence corridor

Defence Minister Nirmala Sitharaman said the corridors would give a "big boost" to defence production and pave the way for setting up the first Defence Production Corridor in Tamil Nadu