Uttar Pradesh: Two defence firms to invest Rs 215 crore in Jhansi node

LUCKNOW: Two defence companies, Delta Combat Systems Limited and Werywin Defence Private Limited, will invest Rs 215 crore to set up their small arms manufacturing units in the Jhansi node of the upcoming Defence Corridor in the state.
Delta Combat Systems Limited has been allotted 15 hectares of land for its plant at a cost of Rs 150 crore. The company will manufacture cartridges for assault, sniper and INSAS rifles, CQB carbines and other weapons being used by the armed forces.
Close quarter battle (CQB) carbines can hit a target within the range of 200 metres, while the INSAS rifle, which is made on the lines of AK-47, had been extensively used in the Kargil War.
“The upcoming defence corridor will not only host companies manufacturing missiles and drones, but also firms that make cartridges for arms used by the security forces, frames for polymer frame pistols and safety equipment,” said a government spokesperson.
As many as 29 companies have already submitted their proposals to the government for setting up factories in the Aligarh node, and 19 of them have been allotted 55.4 hectare land. The investment by these companies is estimated to be around Rs 1,245.75 crore, said officials.
“In addition to this, 11 companies have submitted proposals to set up companies in Lucknow, six in Jhansi and eight in Kanpur nodes of the defence corridor,” he added.