Defence Innovation Centre (DIC) to be set up in Coimbatore
According to Union Defence Minister Nirmala Seetharaman, the Defence Innovation Centre (DIC) will be set up in Coimbatore to assist small industries in manufacturing components for the defence sector. The Defence Ministry will release Rs 20 crore as an initial funding to the Coimbatore District Small Industries Association (CODISSIA) to set up the innovation centre. The small and micro units as well as startups that can manufacture components required for the defence production would be identified by the CODISSIA. The Association can design or test their products at the centre.