Work for preparing Detailed Project Report (DPR) for the
Tamil Nadu Defense Corridor has been initiated by Department of Defense
Production in the Defense Ministry recently. The Department will engage a top
consultancy firm to draw up the DPR for the Corridor. Minister Nirmala Sitaraman has initiated the
move to set up the Corridor, the first possible major Central investment in the
state after several years.
Finance Minister Arun Jaitley in the
Budget 2018-19 announced setting up of two Defence Production Corridors in the
country in his budget speech in the Lok Sabha a month ago, The centre has
decided that one of the Defense Production Corridors will be set up in Tamil
Nadu. The corridor, which is organized as a quadrilateral will extend from
Chennai, Hosur, Coimbatore, Salem and Tiruchirappalli. It is therefore called
the Tamil Nadu Defense Quad. It is expected that with government opening up new
opportunities for industry in defense sector, the Tamil Nadu Defence Quad will
provide a major opportunity to the vibrant manufacturing sector in the State.
Further, to ensure that the expectations of local industry,
especially MSMEs is incorporated, to the extent appropriate, in the proposed
development of the Quad, the MoD has initiated an exercise of industry
interactions at all nodal points for the Quad, namely Chennai, Hosur,
Coimbatore, Salem and Tiruchirappalli. These interactions will involve senior
officers from MoD, representatives of Hindustan Aeronautics Ltd., Bharat
Electronics Ltd., Bharat Earth Movers Ltd. and Ordnance Factories. These
interactions are being organized with the active participation of the local
Small Scale Industries Associations and the State Government representatives.
The interaction has already begun with the first one held at
Hosur on February 26th, 2018. The dates for other interactions are
as follows: Coimbatore on March 5th, Salem on March 7th
and Chennai on March 10th. The dates for Tiruchirappalli will be
industrialists interested in defense sector are invited to participate in these
interactions and provide inputs for shaping the contours of the proposed plan
for Tamil Nadu Defense Corridor.