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Creation of Vibrant SMEs for Defence Corridors

  • Category
    Defence
  • Published
    15th Oct, 2019

Defence Minister Rajnath Singh called for increased and active participation of the private sector in defence manufacturing to achieve the government's target of making the Indian defence industry worth $26 billion by 2025.

Issue

Context

Defence Minister Rajnath Singh called for increased and active participation of the private sector in defence manufacturing to achieve the government's target of making the Indian defence industry worth $26 billion by 2025.

Background:

What are Defence Industrial Production Corridors?

  • A defence corridor refers to a route or a path along which domestic production of defence equipment by the public sector, private sector an MSMEs is lined up to enhance the operational capability of the defence forces.
  • The budget for 2018-19 provided for development of two defence industrial production corridors: the locations of these corridors have been strategically decided, taking into account the natural ecosystem.
  • The first corridor plans to link Chennai and Bengaluru and will pass through Coimbatore and several other industrial clusters. This southern corridor will extend from Chennai, Hosur, Coimbatore, Salem and Tiruchi.
  • The second corridor will be in Bundelkhand—a region divided between Uttar Pradesh and Madhya Pradesh. This will be a Rs 20,000-crore defence industrial production corridor, which will generate 2,50,000 jobs.
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