Current Affairs - Miscellaneous - Discussion

A MoU was signed between the Society of Indian Defence Manufacturers (SIDM), India, and the Groupement des Industries Francaises Aeronautiques et Spatiales (GIFAS), France, to promote a sustainable framework for present and future partnerships and cooperative actions between the French aerospace industry and the Indian defence industry. The MoU was signed during a major industrial mission in India in the aerospace and defence sector, which was organised by GIFAS with the support of SIDM from 16th April to 19th April 2018. The MoU was signed by Pierre Bourlot, managing director of GIFAS and Lt Gen Subrata Saha, director general of SIDM. This agreement will work on expanding trade, through better economic and industrial cooperation between France and India and towards export customers. It will enable implementation of various measures to promote a mutually beneficial cooperation in aerospace and defence manufacturing, research and technology, human capital, engineering services, systems integration.