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1.The Department of Industrial Policy and Promotion under the Union Government has approved the proposal submitted by KINFRA to set up a defence park at Ottapalam as part of the Make in India-Make in Kerala project.
2.This project comes under the Modified Industrial Infrastructure Upgradation Scheme (MIIUS).
3.The project is intended to create a defence park with modern common infrastructure facilities exclusive for the component manufacturers of the defence industry with Central assistance.
4.Kinfra has acquired the land for development in Palakkad with access of road, railways, airport and seaport.Kinfra has earmarked 60 acres of land for setting up the park.
5.The industrial units in the cluster will be given shared infrastructure facilities for innovative product development.
6.The proposed infrastructure facilities in the park include dedicated power, continuous water supply and communication facilities. The project (`231.35 crore) expects a central assistance of `50 crore.