The first Aerospace and Defense Workshop for MSMEs will be held in Tiruchi on February 10
Tamil Nadu Industrial Development Corporation (TIDCO), the nodal agency of the Tamil Nadu Defense Industrial Corridor (TANDICO), will hold the first of its five MSME workshops in Tiruchi on February 10 to raise awareness of opportunities in the sector.
Such workshops, scheduled in the five nodes of the Aerospace and Defense Corridor – Chennai, Tiruchi, Coimbatore, Salem and Hosur – will be organized during this month. The interactive workshops will focus on defense procurement procedure, indigenization opportunities, export opportunities, sources of finance, import embargo opportunities, state government interventions, training on the TANDICO website, defense export constitution procedures and various issues faced by MSMEs.
BHEL Small Industries Association will organize the workshop together with TREAT (Tiruchi Engineering and Technology) Cluster, Tiruchi District Small and Small Industries Association and Ministry Defense Coordination and Implementation Committee of Defence, BHELSIA President Rajappa Rajkumar said in a statement. Release.
TIDCO also plans to publicize the Center of Excellence being established in partnership with Dassault Systems and SIEMENS, which will assist these companies in new product development or re-engineering of existing products and skills development. SIDBI representatives will discuss the various financial products for financing the aerospace and defense sector.
The Tamil Nadu Defense Industrial Corridor has been able to garner significant traction through major investments committed by private and public sector companies. The state offers unparalleled benefits to aerospace and defense manufacturers with its well-developed ecosystem, state-of-the-art infrastructure and availability of highly skilled workforce, the press release said.
The Tamil Nadu Aerospace and Defense Industrial Policy 2019 also provides incentives for establishing industries, subsidies for manufacturing, training and certification. The sector is set for tremendous growth in the years to come.
The workshops are an ideal platform for MSMEs to learn more about the sector, the opportunities and its immense earning potential. The workshop will be of immense benefit to MSME units located in and around Tiruchi, Mr. Rajkumar said.