Saturday, July 5, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Projects

Projects: MoU signed for setting up testing facilities in Chennai

Fiinews by Fiinews
July 4, 2024
in Projects
Reading Time: 2 mins read
A A
0
Iol

IOL.

0
SHARES
16
VIEWS
LinkedinShare on Twitter

0:00

BEL and IOL are lead SPV members in facilities

Ministry of Defence (MoD) has signed an MoU to establish three state-of-the-art testing facilities in Chennai under the Tamil Nadu Defence Industrial Corridor – one each in Unmanned Aerial System (UAS), Electronic Warfare (EW) and Electro Optics (EO) domains http://mod.gov.in .

The MoU, under the Defence Testing Infrastructure Scheme (DTIS), was exchanged between senior officials of MoD and Tamil Nadu Industrial Development Corporation Limited http://tidco.com in New Delhi on 2 Jul 2024.

With an outlay of Rs.400 crore, the DTIS was launched by Defence Minister Rajnath Singh in May 2020 to set up state-of-the-art testing facilities in collaboration with private industry and Central/State Government, promoting indigenous defence production, reducing military equipment imports and enhancing self-reliance https://www.nseindia.com/ .

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 https://www.bseindia.com/ .

The MoU for three facilities in Tamil Nadu were signed on 2 Jul https://www.gifas.fr/en/ .

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 and Central Governments https://sbi.com.in/ .

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) http://bel-india.in and India Optel Limited (IOL) https://www.indiaoptel.in/ are the lead SPV members in the EW and EO testing facilities respectively.

Upon the completion of the project, they will provide advanced testing equipment and services to both government and private industry, thus giving a boost to ‘Aatmanirbharta’ in defence https://www.ibef.org/ . Fiinews.com

Tags: Ministry of Defence
ShareTweetShare

Related Posts

Amet
Projects

Project: Joint maritime professionals launched

by Fiinews
July 5, 2025
0
11

Harassment issues at sea discussed at Chennai summit An MoU between AMET University and Arizona State University has been launched...

Pm Modi Port Of Spain
Projects

Projects: PM discuss potential collaboration in T&T

by Fiinews
July 5, 2025
0
13

Six MoUs signed during PM Modi visit to T&T Prime Minister Narendra Modi discussed a wide-range of areas of potential...

Logisticsuav Flying Dassault Systemes

Project: Raphe mPhibr adopts French platform tech

July 5, 2025
11
SIDM

Project: DAC accords AON for defence products

July 5, 2025
15
PIB.

Project: Minister wants Bio E-Cell in Odisha

July 5, 2025
15
PIB

Project: Indo-Russian Cooperation builds INS Tamal

July 3, 2025
12
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tender: Take care of new urban development
  • Manufacturing: Framework on Drones by Sep-Oct
  • Project: Joint maritime professionals launched
  • Market: Daimler bullish on construction sector
  • Tender: Minister wants innovation in projects

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.