Saturday, Aug 17 2019 | Time 20:52 Hrs(IST)
  • MP Santokh Chaudhary writes to Union Petroleum Minister on CNG crisis in Jalandhar
  • Prevention of Money Laundering Act case: Orders reserved on bail plea of businessman Sana Babu
  • AAP to protest outside BJP headquarters over demolition of Sant Ravidas temple
  • Pleasant rainy day in Delhi, air quality 'good'
  • Shastri thanks CAC after being retained as Head Coach of Team India
  • Caretaker of ancestral house of Anant Singh arrested
  • India keen to 'cultivate' Bhutan youths for closer ties: Foreign Secy
  • We all were expecting since long, says Jadeja sister
  • Ajmer experiences rain fury
  • No permit for three-wheelers using diesel in Patna: Modi
  • Jagan Reddy's govt failed in tackling flood situation: Chandrababu Naidu
  • Kejriwal expresses concern on AIIMS fire, says all efforts being made to control the blaze
  • Karnataka Cabinet likely to take place on August 20
  • UP govt working for all sections of society: Yogi

GMR Group to set us aerospace, defence manufacturing hub at Hosur

Chennai, Apr 11 (UNI) GMR Group, India’s leading infrastructure company, will set up an 'Aerospace and Defence Manufacturing Hub' at its Special Investment Region at Hosur in Krishnagiri district of Tamil Nadu, to encourage indigenous production of defence equipment in the country.
India stands amongst the top five defence spenders in the world.
However, due to an underdeveloped defence manufacturing sector, India was one of the largest importers of defence equipment in the world--approximately 60 per cent of requirements were met through imports.
Indigenization of defense production was a key priority for the government, a company release said on Wednesday.
Under the ‘Make in India’ initiative, the government has recently announced setting up of a Defence Industrial Production Corridor (DIPC) in Tamil Nadu.
The corridor would connect Hosur and Chennai with Kattupalli port, Chennai, Tiruchi, Coimbatore and Hosur as its key nodes and aims to provide impetus to the defence production industry in the country and in the region, in particular.
The proposed defence manufacturing hub at Hosur was a step in making this vision a reality.
The project was a Joint Venture (JV) between GMR Group and the Tamil Nadu Industrial Development Corporation (TIDCO).
Under the project, about 600 acres of prime industrial land has been made ready for immediate occupation.
The proposed hub was an ideal location for defence related manufacturing.
Major Defence Public Sector Undertakings (DPSUs) like Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), Bharat Earth Movers Limited (BEML) and Defence Research and Development Organization (DRDO) were located only in the 50–60 km radius.
The hub also benefits from the established industrial ecosystem in Hosur, 700-plus MSMEs engaged in precision engineering in the region.
Proximity to Bangalore ensures ready access to skilled manpower, the release said.
Speaking on setting up of the manufacturing hub, Mr. BVN Rao, Business Chairman-Transportation and Urban Infrastructure, GMR Group said “this defence manufacturing hub can potentially be a game changer for the region.''
''We will be providing all the necessary infrastructure facilities to attract global majors to set up their manufacturing facilities here and set an International benchmark'', he added.
More News

Drug factory busted by Manipur Police

17 Aug 2019 | 8:50 PM

Imphal, Aug 17 (UNI) Manipur police busted a drug factory at Lilong, Thoubal district today.

see more..
Caretaker of ancestral house of Anant Singh arrested

Caretaker of ancestral house of Anant Singh arrested

17 Aug 2019 | 8:48 PM

Patna, Aug 17 (UNI) Police today arrested the caretaker of Independent MLA Anant Singh`s ancestral house following the recovery of A K 47 assault rifle, two hand grenades and explosives from the house at Ladma village in Patna district.

see more..
No permit for three-wheelers using diesel in Patna: Modi

No permit for three-wheelers using diesel in Patna: Modi

17 Aug 2019 | 8:39 PM

Patna, Aug 17 (UNI) Bihar Deputy Chief Minister Sushil Kumar Modi today announced that no fresh permit would be granted to three-wheelers using diesel and existing permits would not be renewed as well.

see more..

Nagaland achieves 100pc Rural Electrification- Adviser

17 Aug 2019 | 8:39 PM

Kohima, Aug 17 (UNI) Nagaland Adviser for Power Tovihoto Ayemi has said that the state has achieved 100pc Rural Household Electrification under the Saubhagya Flagship Programme of Government of India.

see more..
Jagan Reddy's govt failed in tackling flood situation: Chandrababu Naidu

Jagan Reddy's govt failed in tackling flood situation: Chandrababu Naidu

17 Aug 2019 | 8:27 PM

Vijayawada, Aug 17 (UNI) Former Chief Minister and leader of the Opposition in the Assembly N Chandrababu Naidu on Saturday alleged that the Jagan Mohan Reddy led-state government completely failed in tackling the flood situation.

see more..