Business Standard

Tamil Nadu, Karnataka gear up after Centre clears defence corridor

Defence Minister Nirmala Sitharaman said the corridors would give a "big boost" to defence production and pave the way for setting up the first Defence Production Corridor in Tamil Nadu

Finance Minister Arun Jaitley
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Finance Minister Arun Jaitley

T E Narasimhan Chennai
In an apparent attempt to placate warring neighbours Tamil Nadu and Karnataka, who have for long been fighting over water, the Centre has proposed to build a defence corridor linking the two states. While the Union government is done with its part, the state governments are now gearing up to be facilitators, and industry is upbeat to pitch in with its capabilities. 

Finance Minister Arun Jaitley, in his Budget speech, said the Centre would take measures to develop two defence industrial production corridors in the country.

Jaitley also announced that an industry-friendly Defence Production Policy would be framed in 2018 to promote

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