Defence Minister Rajnath Singh is planning to launch a new scheme to help private companies in defence sector. The scheme is Defence Testing Infrastructure Scheme (DTIS). Under the scheme Private companies are given access to government defence test facilities to test and validate weapons for defence and aerospace. The government has allocated a budget of Rs 400 crore for the scheme. The scheme will be implemented over the period of next 5 years. MSMEs and start-ups in defence sector will get benefits of the scheme.
Scheme: | Defence Testing Infrastructure Scheme (DTIS) |
Benefits: | Boost manufacturing of defence products in India |
Beneficiaries: | Micro, small and medium enterprises (MSMEs) and start-ups from defence sector |
Launched By: | Defence Minister Rajnath Singh |
Budget: | Rs 400 crore |
Announced on: | May 2020 |
Benefits:
- Private defence companies in India will be able to test their defence products.
- This will boost manufacturing of defence products in India
- India will not have to depend on other countries for arm and ammunition
Eligibility:
- Applicable only for the private defence sector companies
- Scheme is applicable for micro, small and medium enterprises (MSMEs) and start-ups
- Scheme is applicable for across India
Defence Research & Development Organization (DRDO), 41 Ordnance Factories (OFs) and eight Defence Public Sector Undertakings (DPSUs) has many defence facilities. These facilities are very expensive and small companies can not afford them. With DTIS scheme small companies will be able to test their firearms, ammunition, electronics and radar systems at government expenses.
The objective of the scheme is set up Greenfield Defence Testing Infrastructure. Each project under the scheme will be 75% funded by government and 25% will be provided by Special Purpose Vehicle (SPV) composed of Indian private entities and concerned state governments.