Uttar Pradesh Secures ₹35,000 Crore Investment in Defence Corridors
Rs 35,000 crore investment taking shape in UP defence corridors: Yogi Adityanath
The Economic TimesImage: The Economic Times
Uttar Pradesh Chief Minister Yogi Adityanath announced that investment proposals exceeding ₹35,000 crore (approximately $4.2 billion USD) are underway in six defence industrial corridors across the state. The initiative aims to enhance local manufacturing capabilities in defence and aerospace sectors, bolstered by government incentives and a skilled workforce.
- 01Investment proposals worth over ₹35,000 crore are being realized in Uttar Pradesh's defence corridors.
- 02Aligarh is becoming a hub for small arms and military supplies, while Kanpur focuses on ammunition and defence textiles.
- 03Lucknow is concentrating on BrahMos missiles and heavy defence manufacturing.
- 04The state has a skilled workforce, with 56% of its manpower qualified for defence manufacturing.
- 05Over 21,000 startups have emerged in Uttar Pradesh, contributing to sectors like AI and drones.
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Uttar Pradesh Chief Minister Yogi Adityanath announced significant investment proposals exceeding ₹35,000 crore (approximately $4.2 billion USD) in the state's six defence industrial corridors, which include Lucknow, Kanpur, Jhansi, Agra, Aligarh, and Chitrakoot. During the NorthTech Symposium, he highlighted that Aligarh is evolving into a hub for small arms and military supplies, while Kanpur is focusing on ammunition and defence textiles. Lucknow is dedicated to heavy defence manufacturing, particularly BrahMos missiles, and Chitrakoot and Agra are being developed for precision engineering in aerospace. The state government has created a substantial land bank and offers incentives to attract investors through its defence and aerospace policy. Adityanath emphasized that Uttar Pradesh boasts a skilled workforce, with 56% of its manpower qualified for defence manufacturing, and has a strong base of 96 lakh operational micro, small, and medium enterprises (MSMEs). The government is also collaborating with the Indian Institute of Technology Kanpur to establish a Centre of Excellence for drones. The improved law and order situation in the state has attracted major investors, enhancing Uttar Pradesh's infrastructure and investment landscape.
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The investment in defence corridors is expected to create jobs and boost local economies in Uttar Pradesh, enhancing the state's manufacturing capabilities.
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