Lucknow, Feb 21: Prime Minister Narendra Modi on Wednesday announced that his government will establish a Rs 20,000-crore defence industrial production corridor in Bundelkhand, a region divided between Uttar Pradesh and Madhya Pradesh, that will generate 250,000 jobs and bring development to one of the most impoverished regions of the country.
"I am making an important announcement. In this year's budget, we had announced that we will establish two defence industrial production corridors. One of them will be in Bundelkhand," Modi said addressing the inaugural session of the two-day Uttar Pradesh 'Investors Meet' at the Indira Gandhi Pratishthan in Lucknow.
The project, he said, would bring an "investment of Rs 20,000 crore and generate employment avenues for 2.5 lakh people".
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