Correct Answer : Not-for-Profit Association
‘Society of Indian Defence Manufacturers (SIDM)’ is a Not-for-Profit Association, which aims to facilitate the indigenous production in Indian Defence industry.
Recently, an MoU between the Indian Army & Society of Indian Defence Manufacturers (SIDM) was signed to boost use of indigenous spare parts. This took place on the occasion of the 25 years of partnership of the Indian Army with the Confederation of Indian Industry (CII).