Chennai, May 25 (KNN) Tamil Nadu Industrial Investment Corporation (TIIC) will soon sign a MoU with the Armoured Vehicle Nigam Limited (AVNL) to support MSMEs to start maintenance and repairs of armoured vehicles, reported TOI.

Entering the defence sector marks the corporation’s latest step towards growth.

Through this collaboration the corporation will explore the possibilities to facilitate and equip the MSMEs and also the enterprises it is working with to carry out the maintenance, repairs and overhaul of armoured vehicles, said a statement.

TIIC and AVNL organised a one-day workshop for MSMEs at the AVNL Institute of Learning in Avadi which was attended by representatives of around 150 MSMEs across the state.

During the meeting, the trainers from the nigam offered an understanding about the requirement for maintenance and repairs of the armoured vehicles.

According to TOI sources an exclusive officer has been appointed for defence to take the suggestion forward and to speed up implementation.

In the last two year, the corporation has signed agreements with 14 agencies including CII and Society of Indian Defence Manufacturers, Codissia and Defence Innovation and Atal Incubation Centre, Bharat Heavy Electricals for enabling a conducive climate for defence production in the state.  (KNN Bureau)