Defence Minister Nirmala Sitharaman asked the Tamil Nadu government Sunday to form a committee to review and clear various investment plans for production of defence equipments expeditiously. "We want to make India a hub for defence equipments. Our plan is make equipments in India and give employment to more people. That is the aim of offset policy which many have misunderstood," she said.The public sector units of the Defence Ministry would play a key role in reviving private industries, she said. "Several people are willing to invest in manufacturing in India...It was also the dream of late Chief Ministers M G Ramachandran and J Jayalalithaa to develop Tamil Nadu's industry," she said.She suggested that Tamil Nadu Industrial Development Corporation -- which works under the Tamil Nadu government -- should study and expedite various investment plans that have been proposed by local industrialists.

Source: Economic Times January 20, 2019 13:52 UTC