Defence Minister Rajnath Singh Approves Rs 400-crore Defence Testing Infrastructure Scheme

Defence Minister Rajnath Singh Approves Rs 400-crore Defence Testing Infrastructure Scheme

Defence Minister Rajnath Singh Approves Rs 400-crore Defence Testing Infrastructure Scheme

  • Raksha Mantri Rajnath Singh has approved the launch of Defence Testing Infrastructure Scheme (DTIS), to provide private sector defence and aerospace companies affordable testing facilities to test and validate weaponry they are designing.
  • The initiative will give a boost to domestic defence and aerospace manufacturing by creating state of the art testing infrastructure for this sector.
  • The total outlay of the scheme is Rs 400 crore, and would run for the duration of five years.
  • Since setting up in-house Defence Testing Infrastructure is not economically viable for individual defence industrial units, the DTIS Scheme will set up Greenfield Defence Testing Infrastructure as a common facility under private sector with government assistance.
  • The scheme envisages setting up six to eight test facilities in partnership with private industry.
  • Each such project will receive 75 percent of its cost as government funding, while the remaining 25 percent will be borne by a Special Purpose Vehicle (SPV) composed of Indian private entities and concerned state governments.

Source: Business Standard

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