$1 bn investment target set for defence, aerospace production in Haryana

Chandigarh, May 9

Deputy Chief Minister Dushyant Chautala said here today that airspace and defence policy had been approved under which work was being done on innovation of aerospace and defence production. A target has been set to attract investment of $1 billion.

Addressing a press conference here, he said the state government was taking the initiative by developing five airstrips in the state at Pinjore, Karnal, Narnaul and Bhiwani under which if any unit does defence-related production within 10 km radius of the airport, major financial incentive would be provided.