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Defence Ministry to invest Rs 400 crore with industry to build test facilities, drones first

The government will invest Rs 400 crore to partner with the private industry for creating a new cluster of testing infrastructure for military equipment, with a range for trials and testing for drones set to be the pilot project.

In a new initiative to encourage research and development in military systems, the Rajnath Singh led Defence Ministry will bear up to 75 percent of the costs of setting up the test ranges which will be run by a private consortium.

The Defence Testing Infrastructure Scheme (DTIS) being unrolled by the ministry will invite consortiums from the industry, associations or academia to set up and run the eight greenfield ranges for defence and aerospace related production.

“Each facility will be setup through a Special Purpose Vehicle (SPV), hereinafter referred to as the Implementation Agency, which may be promoted/constituted by private entities(Industry Read More

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This post first appeared on Defence Aviation News In India, please read the originial post: here

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Defence Ministry to invest Rs 400 crore with industry to build test facilities, drones first

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