Look for markets abroad too, Sitharaman tells Indian defence equipment manufacturers

ALIGARH (UP): Defence Minister Nirmala Sitharaman today urged Indian defence equipment manufacturers to look beyond the domestic market and supply their products overseas, assuring them that her Ministry will assist with whatever “handholding” is required to expand their reach.

             Sitharaman, along with Uttar Pradesh Chief Minister Yogi Adityanath, also formally announced a defence corridor in the State encompassing the Aligarh, Agra, Kanpur, Lucknow, Jhansi, Chitrakoot circuit, apart from other defence investment projects.

             The circuit has clusters of defence equipment manufacturers, both Government (defence public sector undertakings and ordnance factories) and private players, including the Medium, Small and Micro Enterprises (MSMEs).

             This is the second such defence corridor after Tamil Nadu, which has been formally declared by the Government, following an announcement made in this year’s budget. (AGENCIES)