December 4, 2022

Current actual investment in TNDIC Rs 2,217 cr: MoS Defence in Rajya Sabha

New Delhi, Current actual investment in Tamil Nadu Defence Industrial Corridor (TNDIC) is Rs 2,217 crore, Minister of State (MoS) for Defence Ajay Bhatt told Rajya Sabha on March 21. This information was given in a written reply to DMK Member of Parliament (MP) in Rajya Sabha P Wilson.

As per information received from Government of Tamil Nadu, in Tamil Nadu Defence Industrial Corridor (TNDIC), arrangements have been made through MoUs etc. for potential investment of Rs 11,103 crore by 39 industries. 

The Memorandum presented by the Minister of Industries in Tamil Nadu to the Union Minister of Defence in September, 2021 contained proposals for setting up of Testing and Certification infrastructure, Defence Research and Development Organisation (DRDO) labs, Commercial Production units for AEWCS, Transfer of Defence land, and formation of Joint Venture (JV) with Hindustan Aeronautics Ltd (HAL) etc. The concerned Department/ Organisations have been advised to take appropriate action as per their extant guidelines and procedures.

The Defence Industrial Corridors (DICs) have been established in Uttar Pradesh and Tamil Nadu with an aim to attract over Rs 10,000 crore investment in each of the two Defence-Industrial Corridors. 

As per information received from Government of Uttar Pradesh, for Uttar Pradesh Defence Industrial Corridor (UPDIC), 63 Memoranda of Understanding (MoUs) have been signed as on date with potential investment of Rs 8,764 crore. Current actual investment in Uttar Pradesh Defence Industrial Corridor is Rs 1,552 crore. The respective State Governments provide and support development of infrastructure facilities like connecting Roads, Electricity, Water and Sewage systems etc. for the development of the corridors.

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