Defence Minister Nirmala Sitharaman said that a Defence Innovation Centre will be set up in Coimbatore to assist small industries in manufacturing components for the defence sector. She told reporters that the Defence Ministry will release 20 crore rupees as an initial funding to the Coimbatore District Small Industries Association (CODISSIA) to set up the innovation centre.
Ms Sitharaman said small and micro units as well as startups, that can manufacture components required for the defence production, would be identified by the association.
The Minister said that the Association can design or test their products at the centre. She also added that the association had earlier submitted a proposal in this regard.