India’s Second Defence Mfg Hub To Come Up In Maharashtra

Ministry of Defence had set a target of making the country among the top five arms exporters by 2025.

Nashik in Maharashtra will be the site of the country’s second defence innovation hub after Coimbatore in Tamil Nadu, Union Minister of State for Defence Subhash Bhamre said. 

At a recent industry meet, 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, reported PTI.

He informed the gathering the 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.