Virendra Singh Rawat
Lucknow / Feb 3, 2021
The Yogi Adityanath government will sign memorandum of understanding (MoU) of Rs 4,500 crore with different companies at the aerospace and defence exhibition ‘Aero India 2021’ which started in Bengaluru today.
State nodal agency Uttar Pradesh Expressway Industrial Development Authority (UPEIDA) has set up a pavilion at the three-day Aero India 2021 to showcase UP Defence Corridor and its purported benefits to domestic and foreign investors.
UP Defence Corridor is being set up at six places in the state viz. Chitrakoot, Jhansi, Kanpur, Aligarh, Agra and Lucknow districts. About 16 MoUs are expected to be signed on February 5 with total investment profile of more than Rs 4,500 crore.
Aero India 2021 will revolve around the themes of ‘AatmaNirbhar Bharat’ and ‘Make in India’. More than 600 exhibitors, including 523 Indian and 78 foreign, and 14 countries have confirmed participation in the mega event, which will exhibit their defence manufacturing capabilities, latest technologies, solutions, products and services.
The participants will also include India’s premier Defence Research and Development Organisation (DRDO) exhibiting its latest defence systems and technologies for commercial production.
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