India’s first Defence Industrial Park – Points to knowIndia’s first Defence Industrial Park - Points to know

Department of Industrial Policy and Promotion (DIPP) of Union Government has given its final approval to Kerala Government’s approval to set up India’s first Defence Industrial Park at Ottappalam. Proposal in this regard was forwarded by Kerala Industrial Infrastructure Development Corporation (Kinfra), a Kerala government owned Public Sector Company.

Possible Questions:

1. Park is a part of which scheme
The proposed defence park will be developed as part Make in India programme and Kerala’s Make in Kerala project

2. Numbers to know

The park would be established in 60 acres of land at cost of Rs. 231 crore with the financial help of Central and State government. Union government will invest Rs 50 crore and the rest of the amount would be met by the State government.

What will in manufacture in the beginning:
In the initial phase, the park would focus on manufacturers of night vision equipment, parachute, flying suit, diving suit, tents, telecommunication devices and electronic appliances. The Union government has agreed to bring the park under the Modified Industrial Infrastructure Upgradation Scheme (MIIUS).

How will help:
In India, there is a 15 per cent gap between demand and supply. The Defence park can bridge the gap apart from providing the country an opportunity in defence-related export of products from small- and medium-sized enterprises

Department of Industrial Policy and Promotion (DIPP) of Union Government has given its final approval to Kerala Government’s approval to set up India’s first Defence Industrial Park at Ottappalam. Proposal in this regard was forwarded by Kerala Industrial Infrastructure Development Corporation (Kinfra), a Kerala government owned Public Sector Company.

Possible Questions:

1. Park is a part of which scheme
The proposed defence park will be developed as part Make in India programme and Kerala’s Make in Kerala project

2. Numbers to know

The park would be established in 60 acres of land at cost of Rs. 231 crore with the financial help of Central and State government. Union government will invest Rs 50 crore and the rest of the amount would be met by the State government.

What will in manufacture in the beginning:
In the initial phase, the park would focus on manufacturers of night vision equipment, parachute, flying suit, diving suit, tents, telecommunication devices and electronic appliances. The Union government has agreed to bring the park under the Modified Industrial Infrastructure Upgradation Scheme (MIIUS).

How will help:
In India, there is a 15 per cent gap between demand and supply. The Defence park can bridge the gap apart from providing the country an opportunity in defence-related export of products from small- and medium-sized enterprises