What is a Defence Industrial Production Corridor?
A Defence Corridor refers to a route or a path along which domestic productions of defence equipment by public sector, private sector and MSMEs are lined up to enhance the operational capability of the defence forces. The Government has now opened up private investment in defence production including liberalising foreign direct investment.
Apart from improving the connectivity of the defence forces, the move will encourage domestic production of defence equipment’s and benefit all small and medium manufacturers along the corridor. A number of initiatives have been taken to develop and nurture intrinsic defence production capability to make the Nation self-reliant for meeting our defence needs.