Defence Minister Nirmala Sitaraman on Thursday said the government was promoting defence manufacturing corridor in the country to minimise the country’s defence procurement bill from other countries.
‘Prime Minister Narendra Modi has also suggested us to reduce the import bill and it can only be done, when the industries in the country are capable of supplying the requirement.
“India is the third largest country in procurement for defence products in the world,” the Defence Minister said, adding that capacity of metal work has been ignored in the past. Ignoring Moradabad, Aligarh and other places products of other places with blindly buying from foreign countries”.
Addressing the session on Defence and Aerospace Investment Opportunities in UP on the second day of the UP Investors Summit, Ms Sitharaman congratulated the state for getting the DMC in Bundelkhand region, as announced by Prime Minister Narendra Modi on Wednesday, while inaugurating the summit.
“UP Investor Summit is the phenomenon what is happening in UP in the BJP regime,” she said, while adding that she had just asked Yogi Adityanath on February 2 last if UP was interested in defence corridor.”
Centre and Lucknow worked in tandem and in just 18 days it showed result when one of the two defence Manufacturing corridor announced in the Union Budget was given to UP. She also congratulated the bureaucracy for fast role.
She said that her ministry has already started process to activate defence corridor.” we are in touch with industry trying to know what army wants. Teams will go to Agra, Aligarh, Jhansi and other places to enquire about other details and demand of the sector,” she said.
The Defence Minister suggested that the government will provide common facilities on both the sides of the upcoming Bundelkhand Expressway. Besides these industries would be linked with cluster industries. She also suggested that there should be effort to bring Tier-1 industries in the MSME, so that the dream of PM and CM, both are fulfilled.
‘Make association and link with us and get guidance so that you do not suffer loss.If you have ideas come to us and if agreed we will adopt,” she suggested to UP.Talking about the defence manufacturing units in UP, Ms Sitaraman said there are six ordinance factories in Kanpur, and seven in other parts of state.