Economy of Salem: Difference between revisions

Economy of Salem (edit)

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 *Vinayaka Mission's Kirupananda Variyar Engineering College founded 1987<ref>{{cite news|url=http://www.vmkvec.ac.in/aboutus.asp|title=Vinayaka Mission's Kirupananda Variyar Engineering College about us}}</ref>
 *Thiagarajar Polytechnic College founded 1958<ref>{{cite news|url=http://www.tpt.edu.in/about-us/tpt-momentous.php|title=Thiagarajar Polytechnic College, History}}</ref>
+== Air Force and defence ==
+Salem is the principle city to manufacturing defence and aerospace components along with Chennai, Coimbatore and Tiruchirappalli.
+[[File:Tamil Nadu Defence Corridor.jpg|thumb|Tamil Nadu Defence Corridor]]
+The company has also planned to built a helicopter assembly factory in Tamil Nadu.<ref>[https://www.business-standard.com/article/companies/airbus-shortlists-eight-states-for-helicopter-assembling-facility-118042100809_1.html "Airbus shortlists eight states for helicopter assembling facility"]</ref> Tier - II cities of Coimbatore and Salem also serves as a major export hub for defence manufacturing firms.<ref>[https://www.thehindu.com/news/cities/Coimbatore/lt-defence-to-manufacture-isro-rocket-engines-in-coimbatore/article23937633.ece "L&T Defence to manufacture ISRO rocket engines in Coimbatore"]</ref> Defence, paramilitary and police personnel across the nation use guns, ammunitions and bullets manufactured from the city.<ref>[https://timesofindia.indiatimes.com/city/coimbatore/city-could-soon-manufacture-small-arms-and-ammunition/articleshow/62200451.cms "Coimbatore could soon manufacture small arms and ammunition"]</ref><ref>[https://timesofindia.indiatimes.com/city/coimbatore/defence-manufacturing-innovation-centre-to-come-up-in-city-at-rs-20-cr/articleshow/62407334.cms "Defence innovation centre to come up in Coimbatore"]</ref>
+Special grade steel used in making missiles are manufactured in Salem.<ref>[https://www.deccanchronicle.com/nation/politics/300618/tamil-nadu-for-using-salem-steel-plants-land-for-defence-corridor.html "Tamil Nadu for using Salem Steel Plant's land for defence corridor"]</ref> India's multinational engineering conglomerate [[Larsen & Toubro|L&T]] joint venture with France-based [[MBDA]], a world leader in missile systems planned a "L&T MBDA Missile Systems" facility at Aspen SEZ in Coimbatore serves as its hub to export fully assembled missile systems to Europe.<ref>[https://www.thehindubusinessline.com/companies/lt-jv-to-export-missiles-to-europe-from-coimbatore-sez/article25360945.ece "L&T JV to export missiles to Europe from Coimbatore SEZ"]</ref>
+Salem is also serves head for TANEJA Aerospace and Salem Aerospace Limited.{{Citation needed|date=December 2021}}
 ==References==
 {{Reflist}}