Society of Indian Defence Manufacturers (SIDM ) has welcomed the announcement of setting aside 68 per cent  of capital outlay of defence budget for domestic industries. Me S P Shukla, President SIDM said, this will sustain investments and attract fresh capacity creation. He said, Creation of a Nodal Body for setting up Testing and Certification requirements of defence systems and platforms will help domestic industry through faster processes and cost-efficiency.<br />'' <br />''<span style="color: #222222;">Mr Shukla said, Allocation of 25 per cent of Defence R&D budget for Startups, Academia and Private Industry is a much-needed reform. </span><br />