Singh shared defence industry views at Rome roundtable
The Defence Secretary Rajesh Kumar Singh has stressed on closer India-Italy defence collaboration especially in technology and armament production, which is a priority area for India, the Ministry of Defence said on 15 April https://www.commerce.gov.in/.
He has also brought out that the Indian Government is proactively building an ecosystem for defence production and innovation within the country through conscious policy initiatives. India has developed a vibrant innovation and industrial ecosystem.
Singh laid out India’s long-term plans during a visit to Rome 14-15 April. The visit started with the Defence Secretary calling on the Defence Minister of Italy Guido Crosetto https://fieo.org/.
During the meeting, the two sides held productive discussions aimed at further enhancing defence cooperation as a key pillar of India-Italy strategic partnership.
In his keynote address during India-Italy Defence Industry Roundtable, Singh shared his views on how the Indian defence industry has witnessed significant changes, particularly in the past few years through progressive reforms.
He said that these reforms have been marked by the creation of a conducive environment for the growth of the Indian Industry through transparency, predictability and Ease of Doing Business.
An MoU between Society of Indian Defence Manufacturers (SIDM) and the Federation of Italian Companies for Aerospace, Defence and Security (AIAD) was signed, marking a significant step toward fostering closer cooperation between the defence industries of both nations.
The Defence Secretary was accompanied by a high-level Ministry of Defence delegation, comprising senior officials from Service Headquarters, Department of Defence and Department of Defence Production. A substantial industry delegation from SIDM also accompanied the Defence Secretary to foster closer B2B connections between the Indian and Italian defence industries.
