Process to set up defence corridor kickstarted - News Summed Up

Process to set up defence corridor kickstarted


Defence Minister Nirmala Sitharaman had welcomed the proposal, saying it would give defence production a boost. Sivakumarmore-inThe Ministry of Defence has initiated work for preparing a Detailed Project Report (DPR) to set up a defence production corridor in Tamil Nadu. The Department of Defence Production, part of the Defence Ministry, will engage a top consultancy firm to draw up the DPR for the ‘Tamil Nadu Defence Quad’. The defence quad or quadrilateral is one of the two defence production corridors announced Finance Minister Arun Jaitley in the 2018-19 budget. “The corridor, which is organised as a quadrilateral will extend from Chennai, Hosur, Coimbatore, Salem and Tiruchi,” a press release from the Defence Ministry said.


Source: The Hindu February 27, 2018 19:30 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */