CDIIC inks pact with TIIC

Coimbatore: Codissia Defence Innovation and Atal Incubation Centre (CDIIC) signed a memorandum of understanding with the

Tamil Nadu Industrial Investment Corporation Limited

(TIIC) in Chennai on Thursday to provide financial assistance to

CDIIC

technology based incubatees and startup units. TIIC chairman and managing director

Hans Raj Verma

and CDIIC director M V Ramesh Babu were present. TIIC also signed an MoUs with Bharat Heavy Electricals Limited (BHEL) and another with National Small Industries Corporation (

NSIC

) for reconfiguring MSMEs and startups to defence manufacturing. TNN