Ottappalam in Kerala to have India’s first Defence Industrial Park [ Current Affairs ]
Department of Industrial Policy and Promotion (DIPP) of Union Government have approved India’s first defence industrial park. This park will be set up at Ottappalam in Palakkad district of Kerala and it has approved proposal for this defence park forwarded by the Kerala Industrial Infrastructure Development Corporation. The proposed defence park will be established as part of Union Government’s flagship Make in India program and state government’s Make in Kerala project.
Defence industrial park have major role bridging the gap related to defence components manufacturing sector and provide platform for export of products related to defence from small- and medium-sized enterprises (SMSEs). They will have modern common infrastructure facilities aimed at favourable environment to component manufacturers of the defence industry. Ottappalam was selected for the defence park in view of its strategic location in terms connectivity and other common facilities such as dedicated power and water supply along with infrastructure for the research and development centre.
Government of India also has agreed to bring the park under Modified Industrial Infrastructure Upgradation Scheme (MIIUS).
- Published on: July 21, 2015