Aย webinarย was held today betweenย Indiaย andย Brazilย on the theme ‘Indian Defence Industry Global Outreach for Collaborative Partnership’.
It was organized under the aegis of the Department of Defence Production, Ministry of Defence through The Society ofย Indian Defence Manufacturers (SIDM).
A Defence Ministry release said that theย webinar, which is the first being organized with the South American country, is a part of the series ofย webinars which are being organized with friendly foreign countries in order to boost defense exports and achieve a defense export target of $ 5 billion in the next five years.
Envoys of both the countries, Secretary SEPRODย Brazil,ย and senior defense ministry officials from both sides participated in theย webinarย and spoke about the multifaceted relationship and strategic partnership between the two countries.
Anurag Bajpai, Joint Secretary in the Defence Industries Production wing of Defence Ministry, said that broad-based bilateralย defense cooperationย is important in enhancing the strategic partnership.
He said the partnership between industries of both the countries through joint ventures, co-development, and collaboration in sharing advanced technologies will be a win-win situation to achieve their objective of self-reliance in defense.
The release said that 2021 appears promising forย India-Brazilย defense cooperationย as many MoUs and joint ventures are likely to show results.
Indian companies Tata Aerospace and Defence, SSS Springs, SMPP, MKU Ltd, MDL, Mahindra Defence Systems, L&T, Jindal Steel, HAL, GSL, BEL, and Ashok Leyland made company and product presentations on major platforms.ย Brazilian industries ATECH, CBC, DGS Defence, and PINETREE also made company presentations.
The release said that theย webinarย was attended by more than 150 delegates and more than 100 virtual exhibition stalls fromย Indian companies were set up in the expo.
