After Coimbatore, Nashik Chosen as Second Defence Innovation Hub
MoS Defence Subhash Bharme said the Ministry of Defence had set a target of making the country among the top five arms exporters by 2025
After Coimbatore, the next-step moves to Nashik which is according to become the next defense dub in India. Nashik in Maharashtra is now been sanctioned for the site of the country’s second defence innovation hub after Coimbatore in Tamil Nadu, Union Minister of State for Defence Subhash Bhamre said.
During his speech in defence industry stakeholders meeting Thursday in Ojhar town, he said the defence innovation hub at Nashik will help local industries and entrepreneurs and further the Centre’s Make in India push in the country’s defence sector.
He informed the gathering the Ministry of Defence had set a target of making the country among the top five arms exporters by 2025.
By then, he added, the plan was to achieve annual arms exports of Rs 35,000 crore.
Among those who were present at the function were Maharashtra Water Resources Minister Girish Mahajan, Ajay Kumar, Secretary, Defence Production, Air Marshal VR Chaudhari and HAL chairman-managing director R Madhavan.