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India's Defence Testing Infrastructure & Boost to Indigenous Semiconductor Manufacturing Gk Unlimited
Friends, today we bring you some significant news from the Ministry of Defence. Back in 2020, the Indian government launched the Defence Testing Infrastructure Scheme (DTIS) to enhance indigenous defence manufacturing and the aerospace industry by setting up seven testing facilities across the country—four in Tamil Nadu and three in Uttar Pradesh. The projects faced delays due to COVID-19, but they have now successfully resumed. On Tuesday in New Delhi, the essential Memorandum of Understanding (MOU) was signed between the Ministry of Defence and Tamil Nadu Industrial Development Corporation (TIDCO) in the presence of Defence Secretary Giridhar Aramane. Work is now set to begin in full swing. The ₹400 crore funding for these new testing facilities will be 75% provided by the Indian government and 25% by private companies and state governments. The centers in Tamil Nadu, part of the Defense Industrial Corridor, will include separate testing centers for Unmanned Aerial System (UAS), Electronic Warfare (EW), and Electro Optics (EO), significantly boosting indigenous defence production and reducing dependency on imported military equipment. Public sector companies such as Bharat Electronics Limited (BEL), India Optel Limited (IOL), and Kerala’s government-owned Keltron will be involved in this project.
Moving on to our second update: Indian-made artillery shells are making waves. At the ongoing Eurosatory 2024, an international defence and security exhibition in Paris, several Indian state-owned defence manufacturers showcased their products. Yantra India Limited's 155mm artillery shells received particular praise from defence experts. Representatives from various countries expressed interest in different variants of Yantra Limited's artillery shells. Reports suggest that several countries, who previously sent weapons to Ukraine, are now looking to replenish their stocks with these Indian-made artillery shells. The Indian government has instructed manufacturers to obtain written consent from importing countries, ensuring these weapons will not be sent to Ukraine. Interestingly, most countries have agreed to this condition, moving forward with the deals.
Finally, let's discuss the ₹44,000 crore project by the Ministry of Electronics and Information Technology. Reports indicate that the ministry has formed a new task force to accelerate progress in the semiconductor sector, led by Ajay K. Sood, the Principal Scientific Advisor to the Government of India. The task force has suggested allocating ₹15,000 crore for electronic products, ₹11,000 crore for semiconductor products, and ₹18,000 crore for talent development, infrastructure, logistics, and technology acquisition. This task force will also identify 30 essential electronic items and 40 types of chips crucial for India’s needs, aiming for a potential electronics market growth of $3 trillion by 2047, with an export target of $1 trillion.
Friends, these were today’s top three updates. If you're interested in the latest news about the Indian defence sector and other significant sectors, don't forget to press the bell icon and select 'All' to subscribe to our channel for regular updates. Also, let us know in the comments which news you found most interesting and why. See you soon with more important updates. Until then, take good care of yourself and your loved ones. Jai Hind, Jai Bharat! |