Industrial plots allotted to 15 cos in Def corridor

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The UP Expressway Industrial Development Authority (UPEIDA) has so far allotted industrial plots to 15 companies in the defence manufacturing corridor. These companies are likely to invest Rs 947 crore which is likely to generate 3,800 jobs.

This information was furnished by the UPEIDA in response to an RTI application.

Col (Retired) KS Tyagi, information officer of UPEIDA, said the work of land acquisition and development of infrastructure facilities on the acquired land was in progress.

He said the actual quantum of investment and the job created would be known after the industrial units started operation and manufacturing process. 

The Defence Expo held in Lucknow was inaugurated by Prime Minister Narendra Modi. Several domestic and many MNCs had participated in the Defence Expo. The prime minister had announced in the expo that India had set the target of achieving export of 5 UDS worth of arms and other defence related gadgets by 2024.

The Uttar Pradesh government had signed over two dozen memorandums of understanding (MoUs) during the Defence expo. The MoUs are expected to create employment opportunities for 3,00,000 people and fetch investments worth Rs 50,000 crore for UP Defence Industrial Corridor which spans six nodes at Lucknow, Kanpur, Jhansi, Chitrakoot, Aligarh and Agra.

Daily Pioneer
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