The CII and the Italian Industries Association for Aerospace, Systems and Defence, recently signed a memorandum of understanding (MoU) to promote bilateral cooperation between the two countries, especially in the area of defence and technology. The India-Italy Defence Industry Consultative Committee (DICC) has also been formed to take forward the MoU agenda.
While Italy has expertise in production of high-tech weapon systems, India has good quality manpower. The MOU would essentially try to leverage these strengths for combined benefits.
``The Indian defence industry is expected to create business worth USD 10 billion through offsets in defence procurement``, said the Minister of State for Defence M M Pallam Raju, at the `India-Itlay Defence Industry Symposium`, organized by the Confederation of Indian Industry (CII).
Read more
Search This Blog
Subscribe to:
Post Comments (Atom)
Fair Use Notice
This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.
The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.
I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.
If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.
This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.
The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.
I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.
If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.
This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.
No comments:
Post a Comment
Note: only a member of this blog may post a comment.