On January 6, 2018, Defence Minister, Nirmala Sitharaman announced that a Defence Innovation Centre would be set up by CODISSIA in Coimbatore, to assist small industries in manufacturing components for the defence sector.
Information about Defence Innovation Centre in Coimbatore:
i. Coimbatore District Small Industries Association (CODISSIA) is a trade organization based in Coimbatore, Tamil Nadu.
ii. CODISSIA will receive initial funding of Rs 20 crore from Union Defence Ministry for setting up the Defence Innovation Centre.
iii. CODISSIA will identify small and micro units as well as start-ups, that can manufacture components required for defence production.
iv. Decision to set up this Defence Innovation Centre has been taken in line with Central Government’s “Make in India” programme.