- India is among the top 5 military spenders and one of the emerging defence manufacturing hubs in the world. To support the growth of Defence sector and enhance manufacturing capacity in the sector, two Defence Industrial Corridors are being set up in India, one in Uttar Pradesh and another in Tamil Nadu.
- Promoting Make in India, the Defence Industrial Corridors will catalyse indigenous production of defence and aerospace-related items. This will reduce our imports and promote export of these items to other countries.
- The combined efforts of the Government and private players will help achieve India’s goal of self-reliance in defence, generate direct and indirect employment opportunities and spur the growth of private domestic manufacturers, Micro Small and Medium Enterprises (MSMEs) and Star-ups.