Gujarat gets ready to be Defence hub Aiming to encourage development of Aerospace and Defence Industry #Hindustan360

Gujarat government on Wednesday announced an investor-friendly Aerospace and Defence Policy 2016. The new policy offers incentives and tax sops with regard to land allotment, stamp duty, registration charges and electricity duty among others. View more at #Hindustan360.
To attract defence and aerospace sector players, the state will now provide government land at 50% of jantri rates for setting up units during the five-year tenure of the policy. Land owned by the state and Gujarat Industrial Development Corporation will be given first preference for land allotment.
J N Singh, chief secretary, Gujarat said while announcing the policy, “Those willing to establish their manufacturing units under the policy, will get land at 50% of the existing jantri rate. Earlier, a committee was to be formed for deciding the rate for land allotment. However, the process was time consuming

23 Major Projects

The Defence Ministry has listed out 23 major projects from the three armed forces— from UAVs, glide bombs to underwater systems and tank engines — it will earmark for the Indian companies under the Make in India category.

Aerospace and Defence

Innovation and Research


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