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UP eyeing Rs 500 billion investment in defence manufacturing sector

Yogi cabinet clears UP Aerospace and Defence Manufacturing Policy 2018

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Uttar Pradesh Chief Minister Yogi Adityanath addresses a press conference on completion of four years of Narendra Modi government at the Centre, at the party office in Lucknow on Saturday | Photo: PTI

Virendra Singh Rawat Lucknow

Last Updated : Jul 03 2018 | 3:47 PM IST

Yogi Adityanath government on Tuesday announced its much-awaited UP Aerospace and Defence Manufacturing Policy 2018, which is projected to spur investment of Rs 500 billion and generate 2,50,000 jobs by 2023 in the proposed Bundelkhand Defence Corridor.

The Corridor would span 6 districts viz. Aligarh, Agra, Jhansi, Kanpur, Lucknow and Chitrakoot and a notification would be issued soon. The policy, which was approved at the state cabinet meeting chaired by chief minister Adityanath, offers a host of sops for the public and private sector companies investing in the Corridor.

UP chief secretary Anul Chandra Pandey said UP defence manufacturing policy

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