The Tamil Nadu Defence Industrial Corridor (TNDIC) has received significant industry investment, with a total of Rs 11,794 crore (approximately $1.6 billion) invested by 53 organisations and companies. Through this investment, the five nodes that comprise TNDIC – Chennai, Coimbatore, Hosur, Salem, and Tiruchirappalli – have created both direct and indirect job opportunities.
Ajay Bhatt, Minister of State for Defence, acknowledged the Tamil Nadu government’s assistance in the development of TNDIC. The MoUs and arrangements made by the government have assisted the corridor in continuing to grow and attract industry investment.
TNDIC offers a strong business environment and integrated infrastructure, making it a prime investment destination in India.
With the state of Tamil Nadu being the country’s second largest contributor to the Gross State Domestic Product (GSDP), TNDIC’s five industrial nodes are well connected to each other and the rest of India.
