GMR Group-TIDC to set up defence manufacturing hub in TN; 700 MSMEs to benefit

New Delhi, Apr 12 (KNN) The GMR Group and TIDC have announced setting up of an aerospace and defence manufacturing hub at Hosur in Tamil Nadu which would help the already existing more than 700 MSMEs engaged in precision engineering there.

Infrastructure conglomerate GMR group has announced setting up of the manufacturing hub at its special investment region located at Hosur in Krishnagiri district of Tamil Nadu.

The project is a joint venture between GMR group and the Tamil Nadu Industrial Development Corporation. Around 600 acres of prime industrial land has been made available for the project.

In a statement on Wednesday, GMR group said the proposed project is ideally located for defence related manufacturing as many major defence public sector undertakings such as Hindustan Aeronautics, Bharat Electronics, Bharat Earth Movers, and Defence Research and Development Organisation are within a distance of about 60 kilometres.

The proposed hub also benefits from the already established industrial ecosystem in Hosur where more than 700 micro, small and medium enterprises are engaged in precision engineering, it said.

“This defence manufacturing hub can potentially be a game changer for the region,” said BVN Rao, business chairman of transportation and urban infrastructure, GMR group.

“We will be providing all the necessary infrastructure facilities to attract global majors to set up their manufacturing facilities here,” he added. (KNN Bureau)