DIPP gives nod to set up India’s first Defence Industrial Park at Ottappalam

The Union government’s Department of Industrial Policy and Promotion (DIPP) has agreed to set up India’s first defense industrial park at Ottappalam a proposal from the Kerala Industrial Infrastructure Development Corporation.

Key Highlights

• The project will be recognized as a part of the Make in India, Make in Kerala project.
• The proposed project aimed to attract the component manufacturers in the defense industry with modern infrastructure facilities.
• The project will be developed under the Modified Industrial Infrastructure upgradation Scheme (MIIUS) as per the Union government decision.
• It is expected that the park will be established in 231.25 crore, Union government and Kinfra will invest in the project.
• The park would be established in 60 acres of land.
• The defense park help to bridge the gap related to the defense component manufacturing.
• It also helps in providing opportunity in defense-related export of products from small- and medium-sized enterprises.
• Such sort of project attracts the foreign investors and help in the Make in
  India campaign.
• Ottappalam will be proved as the best location for the project in every manner.
• The park will have its own development and research center with 24*7 power and water supply.

Keys

• Defence Minister of India- Manohar Parrikar
• Defence Secretary –G Mohan Kumar
• Chief Scientific Advisor and Director General DRDO – G. Satheesh Reddy
• Chief of the Army Staff (COAS) – General Dalbir Suhag
• Chief of the Naval Staff (CNS) – Admiral Robin Dhowan
• Chief of the Air Staff (CAS) – Air Chief Marshal Arup Raha