Defense Related Firms to Invest Rs 1200 Billion in Defense Corridor Pm Modi can lay the foundation

Amar Ujala Bureau, Aligarh

Published by: Sushil Kumar Kumar
Updated Thursday, July 01, 2021 8:21 PM IST

abstract

On June 11th, the first UP Defense Corridor lease was signed with Aligarh-based Allen & Elvon. Since then, deeds have been done with about six companies.

Prime Minister Narendra Modi (file photo).
– Photo: PTI

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Defense companies will invest approximately Rs.1,200 billion in the Andla Defense Corridor in Khair Tehsil of Aligarh. The lease has been signed with six companies. On July 6, it should be clear in the VC who is laying the foundation stone for the defense corridor. So far, the name of Defense Minister Rajnath Singh has been discussed. Now the name of the prime minister is also coming out.

On June 11th, the first UP Defense Corridor lease was signed with Aligarh-based Allen & Elvon. Since then, deeds have been done with about six companies. Road construction work has started in the defense corridor area. Work on the river and border wall should begin shortly.

Dhanjeet Vadra, MD, Allen & Elvon says there will be a video conference with Avnish Awasthi, CEO of Upeda, on July 6th. This is where the situation becomes clear. Dhanjit Vadra says Defense Minister Rajnath Singh spoke about laying the foundation stone for the Defense Corridor. Now the name of the Prime Minister can also be heard. In the VC on July 6th, the situation should be clear, who will lay the foundation. Deputy Commissioner Industries Shrinath Paswan said he had no information on the matter.

1. Lease on behalf of Allen and Elven
The first lease for the UP Defense Corridor was registered in the name of the Aligarh-based company Allen & Elvon. This company will manufacture drones and defense-related equipment here. On June 11th, ACEO Srishchandra Varma of UPEDA presented the lease of 8 hectares of Andla Defense Corridor to Dhanjit Vadra, MD, Allen & Elvon.

Nirmala Sitharaman came in 2018
The Ministry of Defense decided to set up the defense corridor about three years ago. The responsibility for building the defense corridor in Uttar Pradesh has been transferred to the UP Expressway Industrial Development Authority (UPEDA). Defense corridors are to be built in Aligarh, Agra, Chitrakoot, Kanpur and Lucknow. In August 2018, the Defense Corridor Industrial Investors Conference was organized at the Royal Regency. It was attended by then Defense Minister Nirmala Sitharaman, Chief Minister Yogi Adityanath, Industry Minister Satish Mahana and many senior officials from the Defense Ministry.

Pandemic delay
The situation created by Corona has also affected the defense corridor. All land-related work should be completed before Diwali last year. In the first phase, the draft for the property allocation to 14 companies was available. There were delays for various reasons. The lease with other companies should be concluded shortly.

Detailed

Defense companies will invest approximately Rs.1,200 billion in the Andla Defense Corridor in Khair Tehsil of Aligarh. The lease has been signed with six companies.

On July 6, it should be clear in the VC who is laying the foundation stone for the defense corridor. So far, the name of Defense Minister Rajnath Singh has been discussed. Now the name of the prime minister is also coming out.

On June 11th, the first UP Defense Corridor lease was signed with Aligarh-based Allen & Elvon. Since then, deeds have been done with about six companies. Road construction work has started in the defense corridor area. Work on the river and border wall should begin shortly.

Dhanjeet Vadra, MD, Allen & Elvon says there will be a video conference with Avnish Awasthi, CEO of Upeda, on July 6th. This is where the situation becomes clear. Dhanjit Vadra says Defense Minister Rajnath Singh spoke about laying the foundation stone for the Defense Corridor. Now the name of the Prime Minister can also be heard. In the VC on July 6, the situation should be clarified who will lay the foundation. Deputy Commissioner Industries Shrinath Paswan said he had no information on the matter.

1. Lease on behalf of Allen and Elven

The first lease for the UP Defense Corridor was registered in the name of the Aligarh-based company Allen & Elvon. This company will manufacture drones and defense-related equipment here. On June 11th, ACEO Srishchandra Varma of UPEDA presented the lease of 8 hectares of Andla Defense Corridor to Dhanjit Vadra, MD, Allen & Elvon.

Nirmala Sitharaman came in 2018

The Ministry of Defense decided to set up the defense corridor about three years ago. The responsibility for building the defense corridor in Uttar Pradesh has been transferred to the UP Expressway Industrial Development Authority (UPEDA). Defense corridors are to be built in Aligarh, Agra, Chitrakoot, Kanpur and Lucknow. In August 2018, the Defense Corridor Industrial Investors Conference was organized at the Royal Regency. It was attended by then Defense Minister Nirmala Sitharaman, Chief Minister Yogi Adityanath, Industry Minister Satish Mahana and many senior officials from the Defense Ministry.

Pandemic delay

The situation created by Corona has also affected the defense corridor. All land-related work should be completed before Diwali last year. In the first phase, the draft for the property allocation to 14 companies was available. There were delays for various reasons. The lease with other companies should be concluded shortly.

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( News Source – Amar Ujala )

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