SOURCE: AFI
The Small Industries Development Bank of India (SIDM) has initiated a strategic delegation visit to the Farnborough International Airshow 2024 in collaboration with the UK Defence and Security Exports (UKDSE). The aim of this collaboration is to foster robust partnerships between Indian and British defense industries.
The first day of the visit has yielded promising results, with engaging discussions held with multiple UK-based companies. The agenda encompassed a wide range of topics, including potential collaborations in defense production, exploring technology partnerships, strategizing trade missions, and deliberating on policy frameworks to streamline defense business between the two nations. Additionally, the delegation focused on facilitating both government-to-business (B2G) and business-to-business (B2B) engagements.
This strategic partnership between SIDM and UKDSE holds immense potential to enhance defense capabilities and economic growth for both countries. As the airshow progresses, it is anticipated that further collaborations and agreements will be forged, solidifying the India-UK defense corridor.