Defence innovation hub to come up in Coimbatore

Press Trust of India  |  Coimbatore 

A would be set up here by industry body CODISSIA to assist small industries in manufacturing components for the defence sector, Defence said today.

The would release Rs 20 crore as an initial funding to the District Small Industries Association (CODISSIA) to set up the innovation centre, she told reporters here after discussions with the association office-bearers.


"has recognised CODISSIA as an innovation centre required for defence production," she said adding the association had earlier submitted a proposal in this regard.

Seetharaman said small and micro units as well as startups, that can manufacture components required for the defence production, would be identified by the association.

"They can design at the centre," she said adding the association had earlier submitted a proposal in this regard.

The said the decision to set up the innovation centre was taken in line with Narendra Modi's "Make in India" programme and his dream of making a

had identified many micro, small and medium enterprises, which can meet the huge requirements of the sector, she said adding that being an industrial hub had the potential to supply components to Defence production.

CODISSIA V Sundaram said the city would have an exclusive defence park within three years.

To a question on Okchi cyclone and missing fishermen, Seetharaman said the government had taken all possible steps to rescue the fishermen from November 30 last year. Updates on the which continued till December 27 had been posted by her every day on twitter.

On fishermen still missing, the said the government was aware of it and she will hold discussions with the on sorting out the issue.

Earlier, Municipal Administration S P Velumani submitted a memoradum seeking to set up a Defence park to manufacture and supply components to the sector to Seetharaman at the airport on her arrival here.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, January 07 2018. 21:40 IST