Defence
UP Investors Summit 2022: PM Modi Visits BrahMos Aerospace's Display Showcasing India's Firepower
Swarajya Staff
Jun 04, 2022, 02:55 PM | Updated 02:55 PM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Prime Minister Narendra Modi visited the display by BrahMos Aerospace showcasing the firepower of India at the third Groundbreaking Ceremony of Uttar Pradesh Investors Summit 2022 on Friday (3 June).
PM Modi was accompanied by Defence Minister Rajnath Singh and Uttar Pradesh Chief Minister Yogi Adityanath.
During his address at the Groundbreaking Ceremony, PM Modi said that the defence corridor being built in UP will present great possibilities for the state.
It should be noted that several defence firms including BrahMos Aerospace have signed pacts with the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) for establishing manufacturing units in the defence corridor.
BrahMos Aerospace, an Indo-Russian joint venture between India's DRDO and Russia's NPO Mashinostroyenia, is the manufacturer of world's fastest supersonic cruise missile BrahMos.
its missile production unit at Lucknow node of #UPDefenceIndustrialCorridor
— UPEIDA (@upeidaofficial) June 4, 2022
with an initial #investment of 300 crores
The defence firm had earlier signed an agreement with UPEIDA to set up the BrahMos manufacturing centre, a modern and state-of-art facility in the Lucknow node of UP Defence Industrial Corridor (UPDIC).
The foundation stone of the BrahMos manufacturing facility was laid by Defence Minister Rajnath Singh in December last year.
The facility will be spread over 200 acres and produce the new BRAHMOS-NG (Next Generation) variant, which carries forward the lineage of the BRAHMOS weapons system.
The manufacturing centre would be ready over the next two to three years and will commence production at a rate of 80-100 BRAHMOS-NG missiles per year.
The UPDIC is one of the two defence corridors being set up in the country to support the growth of the defence sector and enhance manufacturing capacity in the sector.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.