Aim: to boost domestic defence and aerospace manufacturing and create state-of-the-art testing infrastructure in partnership with the private industry.
The scheme was launched by Raksha Mantri Shri Rajnath Singh on May 08, 2020
The scheme would run for the duration of five years and envisages setting up of 6-8 Greenfield Defence Testing Infrastructure facilities
The projects under the scheme will be provided with up to 75 per cent Government funding in the form of ‘Grant-in-Aid’.
The remaining 25 per cent of the project cost will have to be borne by the Special Purpose Vehicle (SPV) constituents of which will be the Indian private entities and state governments.