India

Rajnath urges Russia to jointly manufacture defence equipment in India

Rajnath urges Russia to jointly manufacture defence equipment in India

TIL Desk/National/Moscow/ Union Minister Rajnath Singh called upon the Russian defence industry to work jointly to modernise India’s defence platforms and manufacture equipment to give a massive boost to the two nations’ exports to third countries.

The defence minister said the Indian government is encouraging Orignal Equipment Manufacturers (OEMs) to make use of the ‘Make in India’ initiative.

Singh was addressing the CEOs of OEMs from the Russian defence industry after jointly inaugurating the ‘India-Russia Defence Industry Cooperation Conference’ with Russian Minister of Industry and Trade Denis Manturov in Moscow.

He urged industry leaders to make use of the significant economic reforms undertaken by the government under the leadership of Prime Minister Narendra Modi to improve ease of doing business and opening up the defence manufacturing sector for foreign participation.

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