Sunday, March 16, 2025 | 09:03 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Tamil Nadu Defence Industrial Corridor attracts Rs 3,123 cr of proposals

The corridor is also named Tamil Nadu Defence Production Quad, as the nodal cities form a quadrilateral

Defence Minister Nirmala Sitharaman | File photo
Premium

Defence Minister Nirmala Sitharaman | File photo

Gireesh Babu Tiruchirapalli
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,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in