The Tamil Nadu Defence Industrial Corridor has attracted investment proposals of Rs 3,123 crore from the Ordinance Factory Boards (OFB), defence public sector undertakings (DPSUs) and private sector units.
Lockheed Martin and LMW, majors in the sector from abroad, have also expressed their intention to invest, said the central government at the launch event here on Sunday.
This was one of two such corridors announced in Union Budget 2018-19, the other being in Uttar Pradesh (officially launched last August, at an event in Aligarh).
The corridor is also named Tamil Nadu Defence Production Quad, as the nodal cities form a quadrilateral. Chennai, Hosur,