Coimbatore: CODISSIA Defense Innovation and Atal Incubation Centre construction work to begin at Kallapalayam in two months
Coimbatore: The much awaited CODISSIA Defense Innovation and Atal incubation Centre construction work will begin in two months.
In order to increase the contribution by the MSME industrialists of Coimbatore and surrounding districts to the defense sector, CODISSIA has taken an initiative in establishing defense innovation and incubation centres. The much awaited permanent infrastructure has come to the final stage and building plan approval is awaited. Industrialists have confidently said that the construction work will begin in two months.
Coimbatore District Small Industries Association(CODISSIA) president R. Ramamurthy said, "This is the first defense innovation hub in India. It is a not-for-profit Section 8 company established under the Companies Act, 2013 on 10th January, 2019 by its founding association – CODISSIA. It is supported by Atal Innovation Mission, NITI Aayog and Ministry of Defence, Government of India.
Coimbatore is one of the five nodal points of the Southern Corridor identified for the development of the Defence Sector. CODISSIA Defense Innovation and Incubation Centre(CDIIC) is the first Defence Innovation Hub to be set up in India, following the announcement of the Defence Innovation Organisation set up under IDEX (Innovations for Defence Excellence). CDIIC is also one of the Atal Incubation Centres established under the Atal Innovation Mission.
'CDIIC' is a key contributor to the Southern Defence Corridor while also enabling the MSMEs of this region to become import substitution partners to the armed forces in future. It is in line with the Start- up India Movement of the Government of India, to nurture the start-ups and handhold them till they graduate.
Defense innovation and incubation centre will be established inside Kallapalayam CODISSIA Industrial Park Limited industrial estate premises. One acre of land has been allotted for this project. Central government is providing Rs 20 crores for innovation centre and 10 crores for incubation centre. On behalf of our association, we are investing Rs 15 crores.
We are awaiting the building plan approval. Permanent infrastructure work will begin in two months, around January 2021.
At present 'CDIIC' is temporarily functioning inside 'Hall C' at CODISSIA trade fair centre. Once the Covid-19 care centre is removed from CODISSIA trade fair complex, the temporary 'CDIIC' would be reopened. It is to be noted that incubative work for 4 products has already started at the CDIIC."
In order to increase the contribution by the MSME industrialists of Coimbatore and surrounding districts to the defense sector, CODISSIA has taken an initiative in establishing defense innovation and incubation centres. The much awaited permanent infrastructure has come to the final stage and building plan approval is awaited. Industrialists have confidently said that the construction work will begin in two months.
Coimbatore District Small Industries Association(CODISSIA) president R. Ramamurthy said, "This is the first defense innovation hub in India. It is a not-for-profit Section 8 company established under the Companies Act, 2013 on 10th January, 2019 by its founding association – CODISSIA. It is supported by Atal Innovation Mission, NITI Aayog and Ministry of Defence, Government of India.
Coimbatore is one of the five nodal points of the Southern Corridor identified for the development of the Defence Sector. CODISSIA Defense Innovation and Incubation Centre(CDIIC) is the first Defence Innovation Hub to be set up in India, following the announcement of the Defence Innovation Organisation set up under IDEX (Innovations for Defence Excellence). CDIIC is also one of the Atal Incubation Centres established under the Atal Innovation Mission.
'CDIIC' is a key contributor to the Southern Defence Corridor while also enabling the MSMEs of this region to become import substitution partners to the armed forces in future. It is in line with the Start- up India Movement of the Government of India, to nurture the start-ups and handhold them till they graduate.
Defense innovation and incubation centre will be established inside Kallapalayam CODISSIA Industrial Park Limited industrial estate premises. One acre of land has been allotted for this project. Central government is providing Rs 20 crores for innovation centre and 10 crores for incubation centre. On behalf of our association, we are investing Rs 15 crores.
We are awaiting the building plan approval. Permanent infrastructure work will begin in two months, around January 2021.
At present 'CDIIC' is temporarily functioning inside 'Hall C' at CODISSIA trade fair centre. Once the Covid-19 care centre is removed from CODISSIA trade fair complex, the temporary 'CDIIC' would be reopened. It is to be noted that incubative work for 4 products has already started at the CDIIC."