A Defense Logistics Production Centre and Atal Innovation Park has started functioning at Coimbatore, Tamil Nadu today.<br />''&nbsp;<br />''This is part of the second defence corridor project that had been inaugurated by former&nbsp; Defence Minister Smt Nirmala Seetharaman in January, 2019 .<br />''&nbsp;<br />''The defence corridor project aims at increasing the proportion of Make in India products in defence sector.<br />''&nbsp;<br />''The second Defence Industrial Corridor, connecting Chennai, Hosur, Salem, Coimbatore and Trichy is expected to attract investments worth 3,123 crore rupees, according to Ministry of Defence officials.<br />''&nbsp;<br />''The first defence corridor was inaugurated in Uttar Pradesh in 2018.<br />''&nbsp;<br />''A path breaking MoU has also been signed today between the Defence Logistics Production Centre and the Naval Shipyard at Kochi.<br />''&nbsp;<br />''<span style="color: #222222;">This will ensure increased participation of Indian companies in production of defence equipment.</span><br />
News On AIR | October 28, 2020 8:59 PM
Defense Logistics Production Centre & Atal Innovation Park start functioning at Coimbatore