Five nodes, namely Chennai, Coimbatore, Hosur, Salem, and Tiruchirappalli, have been identified as part of the Tamil Nadu Defence Industrial Corridor (TNDIC). According to information from the Tamil Nadu government, agreements have been signed via Memorandums of Understanding (MoUs) and other documents for a prospective investment of Rs 11,794 crore by 53 Industry & Organizations in TNDIC. Companies and organisations have so far invested a total of Rs 3,861 crore. There are prospects for both direct and indirect employment created by the establishment of new industries in a region. The assistance sought by the Government of Tamil Nadu for the growth of TNDIC is properly addressed. In a recent written reply to Dr. Anbumani Ramadoss in the Rajya Sabha, Raksha Rajya Mantri Shri Ajay Bhatt provided this information.
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Note: Note: The above-mentioned news was first published by us in our ProjectX India | 1st March 2023 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…
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