Insta
Consolidating Make In India: Second Defence Innovation Hub To Come Up In Nashik, Announces MoS Subhash Bhamre
Swarajya Staff
Jan 18, 2019, 12:29 PM | Updated 12:28 PM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
India’s second defence innovation hub will come up in Maharashtra’s Nashik as per Minister of State for Defence Subhash Bhamre, Press Trust of India reports.
This announcement was made during a defence industry stakeholder meeting held at Ojhar on Thursday (17 January). The meeting was attended by Air Marshal VR Chaudhari, HAL’s Chairman cum Managing Director R Madhavan, Defence Production Secretary Ajay Kumar and Maharashtra Water Resources Minister Girish Mahajan.
Under the proposed hub in Nashik, the government hopes to help local industries and add to its “Make In India” push in the defence sector.
The Central government has targeted annual arms exports worth Rs 35,000 crore under this plan and wishes to make India one of the world’s top defence manufacturers.
Currently, India is getting an innovation hub in Coimbatore and Tamil Nadu is also all set to get a defence corridor in Trichy with an array of new defence products and investments.
Defence ministry had last year released Rs 20 crore as initial funding to the Coimbatore District Small Industries Association (Codissia) which will identify micro and small units as well as startups ready to manufacture components for defence equipment.
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.