India to increase domestic defence production catering to need of armed forces

Defence Minister Nirmala Sitharaman Wednesday said the Government was focusing on promoting domestic defence production to build capacities for catering to the need of the armed forces. In this direction, Prime Minister Narendra Modi came up with the idea of two defense corridors - one each in Tamil Nadu and the other in Uttar Pradesh, she said.

Sitharaman said at present there are several manufacturers who send their components to various big vectors and platforms manufactured outside "Why is it that we won't be able to produce those very vectors and platforms in India? And that is one of the reasons - that by announcing the corridor, we have invited quite a lot of manufacturers from abroad to come, choose the location where they want to establish their unit and start producing defense equipment," she added. Sitharaman,who was addressing the Tamil Nadu government's second Global Investors' Meet (GIM) here, recalled that holding of the Defence Expo last year in Tamil Nadu marked the first time the event was held in the state.

Following that, a lot of industries evinced interest in undertaking defense related manufacturing in the state, she added. She also assured the Centre's full cooperation to realise Tamil Nadu's aspirations for greater industrialization.

(With inputs from agencies.)