Tamil Nadu to Establish Aerospace, Defence Industrial Parks and Common Manufacturing Facility

Sakshi Agrawal May 19, 2023 0

In an event titled ‘Accelerating Defence and Aerospace Industry in TN Defence Corridor’, B Krishnamoorthy, the special secretary and project director of Tamil Nadu Industrial Development Corporation Limited (TIDCO), announced the establishment of two industrial parks for the aerospace and defence sectors, along with a common manufacturing facility. The proposed parks will be located in Varapatti and Sulur, and discussions are underway for land acquisition.

The Varapatti park will require approximately 400 acres, while the Sulur park will need 200 acres. To facilitate collaborative manufacturing, a common manufacturing facility with an investment of 400 INR-crore is also in the works.

The move aligns with the Union government’s goal of achieving 1.25 Lakh INR-Crore worth of domestic manufacturing in the next three years. The initiative aims to promote domestic production of arms and ammunition and enhance India’s self-reliance capabilities.

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Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.

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