The seminar aims to create awareness among local industries in the region about the vast business opportunities available with various defence establishments and large private industries in the defence & aerospace sector. It also aims to make Tamil Nadu Defence Industrial Corridor (TNDIC) an ideal hub for defence manufacturing in India.
Coimbatore: Kumaraguru Institutions (KI) is hosting a Seminar on "Accelerating Indigenous Development in the Defence & Aerospace Industry in the TN Defence Corridor" as part of its ongoing efforts to create a conducive Defence Ecosystem in Coimbatore and support industries in developing defence products.
The seminar will be held at Swami Vivekananda Seminar Hall on Thursday, May 18, 2023, from 9:00 a.m. to 5:30 p.m. It is organised by the Society of Indian Defence Manufacturers (SIDM), the Confederation of Indian Industry (CII), the TamilNadu Industrial Investment Corporation Ltd (TIIC), and the Tamil Nadu Industrial Development Corporation Limited (TIDCO).
The aim of the seminar is to sensitise the local industries in the region about the immense business opportunities available with various defence establishments and large private industries in the defence & aerospace sector, and to make Tamil Nadu Defence Industrial Corridor (TNDIC), a hub for defence manufacturing in the country.
Speakers from the Armed Forces, DRDO, DPSUs, and Anchor Industries have been invited to elaborate on Facilitating industry for business opportunities in Tamil Nādu Defence Industrial Corridor, Indigenization, sustenance and maintenance of Missile systems, Harnessing and nurturing Innovation to Address Capability Gaps in Defence & Aerospace, Opportunities for MSMEs and start-ups to address Defence capability gaps, Success stories of defence and aerospace companies in Tamil Nadu and highlight best practices that can be replicated in the TN DIC.
According to B Krishnamoorthy, Special Secretary and Project Director at TIDCO, the central government has prohibited the import of around 400 rifles and ammunition, which has to be domestically manufactured. It must be manufactured in the United States. The union government has set a target of Rs 1.25 lakh crore in domestic manufacturing in the next three years. This is a huge opportunity for domestic industries that must be capitalised on, said B Krishnamoorthy, Special Secretary and Project Director, TIDCO, as part of a Seminar on "Accelerating indigenous development in the Defence & Aerospace Industry in the TN Defence Corridor" at Kumaraguru Institutions.
Rajesh R, Chairman, SIDM TN State Chapter, Senior VP Defence, Ashok Leyland said Coimbatore is the third destination in the state for such a seminar after Hosur and Salem. The primary focus of the seminar is to bring in and explain the policy and opportunities across the defence and aerospace industry.
Hans Raj Verma, Chairman & Managing Director, The Tamil Nadu Industrial Corporation Limited (TIIC) said there is a compelling need that India be self-reliant in its capabilities and meet the requirements for defence forces. Collectively the government, industry and academia should contribute to enhancing the capabilities of the country in defence manufacturing.
“We want the MSMEs to be relevant, contemporary and competitive for which Technology is imperative which all the MSME must negotiate and master. The government of Tamil Nadu is there to support and guide,” he said.
Rajesh R, Chairman, SIDM TN State Chapter, Senior VP Defence, Ashok Leyland said Coimbatore is the third destination in the state for such a seminar after Hosur and Salem. The primary focus of the seminar is to bring in and explain the policy and opportunities across defence and aerospace industry.
The event was attended by participants from 150 industries and 7 colleges.