UP Defence Corridor to churn 40k jobs

Lucknow: With investments to the tune of Rs25,000 crore already being committed for the six nodes of the ambitious Uttar Pradesh Defence Industrial Corridor (UPDIC) project, the State government expects to create 40,000 jobs.

According to officials of the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) as many as 154 MoUs have been signed for projects to be taken up in UPDIC, so far, of which 129 are for industrial ventures while 25 fall in the institutional category.