Inauguration of first private sector manufacturing facility in Lucknow
Context:
Raksha Mantri recently inaugurated the first operationalized private sector defence manufacturing facility in Uttar Pradesh Defence Industrial Corridor (UPDIC) in Lucknow.
Uttar Pradesh Defence Industrial Corridor (UP DIC) is an aspirational project that intends to reduce the foreign dependency of the Indian Aerospace & Defence Sector.
The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) was made the nodal agency to execute this project in conjunction with various other state agencies.
This Corridor aims to bring up the state as one of the largest & advanced Defence manufacturing hubs and put it on the world map.
First private sector defence manufacturing facility
The facility is run by Aerolloy Technologies, a wholly-owned subsidiary of PTC industries.
It will manufacture parts for Aircraft Engines, Helicopter Engines, Structural parts for aircraft, Drones and UAVs, Submarines, Ultra-Light Artillery Guns, Space Launch Vehicles and Strategy Systems etc.