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High Commission hosts event to promote India Bangladesh defense industry collaboration

News Desk | banglanews24.com
Update: 2024-02-20 20:49:55
High Commission hosts event to promote India Bangladesh defense industry collaboration

High Commissioner Pranay Verma and Principal Staff Officer of Bangladesh Armed Forces Division, Lt. Gen. M.R. Shameem addressed the Seminar on Indian Defense Equipment - SIDE 2024 - hosted by the High Commission of India in Dhaka on February 20. 

High Commissioner highlighted the advances made by the Indian defense industry over the last decade driven by Prime Minister Modi’s vision of “Make in India” and “Make for the World”, which has spurred unprecedented investments into the Indian defense manufacturing sector and has led to rising Indian defense exports. 

High Commissioner described SIDE 2024 as a reflection of Indian defense industry’s interest in partnering with Bangladesh and to taking India-Bangladesh defense cooperation forward to the next level, including by utilizing the Defense Line of Credit of US$500 million extended by Government of India to Government of Bangladesh. 

High Commissioner noted that India is willing to share with Bangladesh wide-spectrum capabilities in defense manufacturing, including the most sophisticated technologies. He also proposed graduating the bilateral defense cooperation to the next level by building joint ventures in defense manufacturing.  

A number of premier defense manufacturing companies of India, from both public and private sectors, participated in the event and made presentations showcasing a range of ‘Made in India’  defense equipment, technology and platforms. The seminar was attended by representatives from Bangladesh Armed Forces as well as paramilitary and police forces.

BDST: 2049 HRS, FEB 20, 2024
MSK

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