Nashik in Maharashtra will be the site of the country’s second defence innovation hub after Coimbatore in Tamil Nadu. Union Minister of State for Defence Subhash Bhamre stated that the defence innovation hub at Nashik will help local industries and entrepreneurs in the country’s defence sector. He added, the plan is to achieve annual arms exports of Rs 35,000 crore.
Source: The Economic Times
Static/Current Takeaways Important For IBPS Clerk Mains Exam:
- Defence Minister: Nirmala Sitharaman, COAS: General Bipin Rawat.