● In­ter­na­tional Trade

Assocham Bulletin - - FRONT PAGE -

Apex in­dus­try body AS­SOCHAM sent a 50-mem­ber strong del­e­ga­tion rep­re­sent­ing In­dian de­fence in­dus­try for par­tic­i­pa­tion in EUROSATORY 2018, one of world's largest aero­space and de­fence show be­ing held in Paris be­tween June 11-15,2018.

"The In­dian con­tin­gent high­lights In­dia's ca­pa­bil­i­ties in terms of de­fence man­u­fac­tur­ing and it is ex­pected to in­ter­act with the of­fi­cial del­e­ga­tions of about 30 coun­tries which would lead to mean­ing­ful joint ven­tures and MoUs (Mem­o­ran­dum of Un­der­stand­ing) be­tween do­mes­tic and global de­fence com­pa­nies," said Mr. San­deep Ja­jo­dia, Pres­i­dent, AS­SOCHAM.

Tata Ad­vanced Ma­te­ri­als, Bharat Forge Ltd., MKU Ltd., SMPP Ltd., Vi­han Net­works Ltd, Tex­maco De­fence Sys­tems Pri­vate Ltd., Max Aero­space & Avi­a­tion Pri­vate Ltd., Tonbo Imag­ing In­dia Pri­vate Ltd. were of the key com­pa­nies that were of AS­SOCHAM del­e­ga­tion at EUROSATORY, the world's lead­ing in­ter­na­tional land and air de­fence and se­curi ty ex­hi­bi­tion.

Some of th­ese com­pa­nies bagged sig­nif­i­cant busi­ness con­tracts, be it get­ting sub­stan­tial or­der fornew bul­let­proof jack­ets from In­dian De­fence Min­istry or re­ceiv­ing a $100 mil­lion con­tract with Peruvian Army for man­u­fac­tur­ing and ex­port­ing night vi­sion sights for armies weapon.

Mr. R. R. Thakur, OSD & Direc­tor-Off­sets, Min­istry of De­fence, Gov­ern­ment of In­dia made a pre­sen­ta­tion on 'De­fence Off­set: In­dia Op­por­tu­nity'.

The In­dia Pav­il­ion saw sig­nif­i­cant num­ber of po­ten­tial buy­ers vis­it­ing it dur­ing five days of the mega show, with many busi­ness en­quiries be­ing gen­er­ated which would ma­te­ri­al­ize into or­ders in the near fu­ture.

"Ease of do­ing busi­ness cou­pled with many sig­nif­i­cant pol­icy re­forms in the last four years in­clud­ing the Stra te­gic Part­ner­ship Pol­icy, Draft De­fence Pro­duc­tion Pol­icy and oth­ers pro­vide req­ui­site eco-sys­tem for In­dia to achieve the stated ob­jec­tive of cred­i­ble De­fence In­dus­trial Base in the coun­try", said Mr. D. S. Rawat, Sec­re­tary Gen­eral, AS­SOCHAM.

H. E. Mr. Vi­nay Mo­han Kwa­tra, Am­bas­sador, Em­bassy of In­dia, Paris, France along with the Co-chair­man, A550CHAM Na­tional Coun­cil on Aero­space & De­fence, Mr. Neeraj Gupta at the MKU Booth at the EUR05ATORY 2018.

Mr. R. R. Thakur, 050 & Direc­tor, Min­istry of De­fence, Gov­ern­ment of In­dia mak­ing the pre­sen­ta­tion on De­fence Off­set: In­dia Op­por­tu­ni­ties at the EUR05ATORY 2018 Paris, France.

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