Defence Minister Rajnath Singh Invites German Companies To Invest In Defence Corridors In UP, Tamil Nadu

(MENAFN- KNN India) Defence Minister Rajnath Singh invites German companies to invest in defence corridors in UP, Tamil Nadu

New Delhi, June 7 (KNN) India's Defence Minister Rajnath Singh on Tuesday invited German companies to invest in the two defence industrial corridors in Uttar Pradesh and Tamil Nadu.

During a bilateral meeting with German federal Minister of Defence Boris Pistorius in New Delhi, India's Defence Minister highlighted the opportunities that have opened up in the domestic defence production sector.

Defence Minister Rajnath Singh Invites German Companies To Invest In Defence Corridors In UP, Tamil Nadu Image

Singh pointed out that the Indian defence industry could participate in the supply chains of the German defence industry and add value to the ecosystem, besides contributing to supply chain resilience.

At the meeting, the two ministers reviewed the ongoing bilateral defence cooperation activities and explored ways to enhance the collaboration, particularly in the defence-industrial partnership.

Union Minister Rajnath stressed that India and Germany could build a more symbiotic relationship based on shared goals and complementarity of strength, namely skilled workforce and competitive costs from India and high technologies and investment from Germany.

India and Germany have had a strategic partnership since 2000, which is being strengthened through intergovernmental consultations since 2011 at the level of the heads of government.

Senior officials from the Ministry of Defence, including Defence Secretary Giridhar Aramane and Chief of Defence Staff General Anil Chauhan, participated in the delegation-level meeting. From the German side, State Secretary from the Ministry of Defence Benedikt Zimmer, apart from senior officials and the German Ambassador to India, were present.
(KNN Bureau)


KNN India

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