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UP Defence Corridor garners investments worth Rs 3000 Cr

The Uttar Pradesh (UP) Defence Corridor has been able to so far gather about Rs 3,000 Crores worth of committed projects from private investors. Till date, around 32 preliminary agreements have been signed between private firms and the State Government. Tata group, France based Dassault Aviation, DPSU Hindustan Aeronautics Ltd (HA) and Bharat Dynamics Ltd. are some of the big names that have expressed interest in investing in the UP Corridor. Notably, the projects that are being considered include those for the manufacture of components, aircraft engines, airframes, the design and development of drones, swarms and electronic warfare systems besides communication equipment and ammunition.

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