Published On:July 8 2024
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Uttar Pradesh Government Secures Over 154 Defence Deals Worth ₹25,000 Crore.

Uttar Pradesh Government Secures Over 154 Defence Deals Worth ₹25,000 Crore.

The Uttar Pradesh government has inked more than 150 defence manufacturing deals worth ₹25,000 crore as it aims to bolster India’s growing defence export sector. India's annual defence production reached a record high of nearly ₹1.27 trillion in 2023-24 (FY24), marking a 16.7% increase over the previous year’s ₹1.09 trillion, according to the Ministry of Defence (MoD).

These defence projects are being developed in the expansive UP Defence Industrial Corridor (UPDIC), which spans six nodes: Lucknow, Kanpur, Jhansi, Aligarh, Chitrakoot, and Agra. These initiatives are expected to generate 40,000 new jobs, according to a senior UP government official.

“We have signed 154 memorandums of understanding (MoUs) with various companies, and around 85 more deals are currently under evaluation,” the official added.

The UP Expressway Industrial Development Authority (UPEIDA), the nodal agency for the Corridor, continues to acquire large tracts of land for industrial allocation. UPEIDA has already acquired 1,700 hectares, with more than 40 companies receiving land allocations.

“These 42 companies will invest nearly ₹8,000 crore in their respective projects, positioning UP as a crucial player in India’s quest for self-reliance in defence production and boosting defence exports,” the official said.

UPEIDA has signed MoUs with notable firms such as Adani Defence and Aerospace, BrahMos Aerospace, Ancor Research Labs, Tata Technologies, Bharat Dynamics Limited, Delta Combat Systems, SpiceJet Technic, Verivision, HAL, Gliders India, DRDO, and Aerolloy Technologies, among others.

India’s defence exports rose by over 32%, from ₹15,920 crore in 2022-23 to ₹21,083 crore in 2023-24, per the defence ministry. UP is leveraging its vast MSME base to propel ‘Make in UP’ and cater to the expanding defence export market by advancing its industrial value chain.

Additionally, 35,000 Kalashnikov AK-203 assault rifles, assembled at the Korwa factory in Amethi, have been delivered to the Army by Indo-Russia Rifles Private Limited. The production of nearly 600,000 AK-203 rifles is planned over ten years.

Though Amethi is not part of the UP Defence Corridor, the Korwa unit has strengthened the state's role in India’s defence manufacturing ecosystem. Another Indo-Russia joint venture plant, spread over 80 hectares, is being established in Lucknow to manufacture BrahMos missiles for the Indian defence forces. BrahMos is a joint venture between India’s DRDO and Russia’s NPOM to develop next-generation supersonic missiles for the Indian military.

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