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India’s first Defence Industrial Park in Ottappalam (Kerala)
India’s first defence industrial park will be set up at Ottappalam in Palakkad district of Kerala.
The proposed park, which will be established as part of the Make in India, Make in Kerala project, will have modern common infrastructure facilities aimed at attracting component manufacturers in the defence industry. The Union government has agreed to bring it under the Modified Industrial Infrastructure Upgradation Scheme (MIIUS).
It is estimated that the defence components manufacturing sector has demand estimated at $700 million a year from India and other countries having friendly relationship with it. 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. Defence-related production in the private sector still remains a novel idea in the country. We hope the park can attract a number of investors, being an early bird in the sector.
Ottappalam was selected for the defence park keeping in view its strategic location as far as connectivity was concerned. Apart from common facilities such as dedicated power and water supply, the park will have a research and development centre.