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MoD signs 4 bn pact for 3 testing facilities in TN Defence Industrial Corridor
Industry News- Jul 05,24
The DTIS provides up to 75% government funding as ‘Grant-in-Aid’, with the remaining 25% funded by the Special Purpose Vehicle (SPVs), comprising Indian private entities and State/Central Governments.
The Ministry of Defence (MoD) signed a Memorandum of Understanding (MoU) to establish three new testing facilities for Unmanned Aerial System (UAS), Electronic Warfare (EW) and Electro Optics (EO) domains in Chennai under the Tamil Nadu Defence Industrial Corridor.
The MoU, under the Defence Testing Infrastructure Scheme (DTIS), was exchanged between senior MoD officials and Tamil Nadu Industrial Development Corporation Limited in the presence of Defence Secretary Giridhar Aramane in the national capital.
With an outlay of Rs 4 billion, the DTIS was launched by Defence Minister Rajnath Singh in May 2020 to set up testing facilities in collaboration with private industry and Central/State Government, the MoD said in a statement. This was done to promote indigenous defence production, reducing military equipment imports and enhancing self-reliance.
“To provide impetus to the defence and aerospace sectors within the Defence Industrial Corridors, seven testing facilities were approved - four in Tamil Nadu and three in Uttar Pradesh,” the Ministry informed.
The DTIS provides up to 75% government funding as ‘Grant-in-Aid’, with the remaining 25% funded by the Special Purpose Vehicle (SPVs), comprising Indian private entities and State/Central Governments.
“For the UAS testing facility, Keltron, a government of Kerala undertaking, is the lead SPV member, with some private sector companies being the consortium members. Bharat Electronics Limited (BEL) and India Optel Limited (IOL) are the lead SPV members in the EW and EO testing facilities respectively,” stated the MoD.
On the completion of the project, the Ministry stated they will provide advanced testing equipment and services to both government and private industry, thus giving a boost to ‘Aatmanirbharta’ in defence.
(Source: BusinessLine)
defence
ministry of defence
Giridhar Aramane
Tamil Nadu Defence Industrial Corridor
Tamil Nadu
Chennai
UAS
EW
EO
DTIS
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