Indian High Commissioner to Bangladesh Pranay Verma on Tuesday said India is willing to share with Bangladesh wide-spectrum capabilities in defence manufacturing, including the most sophisticated technologies.
He also proposed graduating the bilateral defence cooperation to the next level by building joint ventures in defence manufacturing.
Pranay Verma and Principal Staff Officer of Bangladesh Armed Forces Division, Lt. Gen. M.R. Shameem addressed the "Seminar on Indian Defence Equipment - SIDE 2024" - hosted by the High Commission of India in Dhaka on Tuesday.
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The High Commissioner highlighted the advances made by the Indian defence industry over the last decade driven by Prime Minister Narendra Modi’s vision of “Make in India” and “Make for the World”, which has spurred unprecedented investments into the Indian defence manufacturing sector and has led to rising Indian defence exports.
He described SIDE 2024 as a reflection of Indian defence industry’s interest in partnering with Bangladesh and to taking India-Bangladesh defence cooperation forward to the next level, including by utilizing the Defence Line of Credit of USD 500 million extended by Government of India to Government of Bangladesh.
A number of premier defence manufacturing companies of India, from both public and private sectors, participated in the event and made presentations showcasing a range of ‘Made in India’ defence equipment, technology and platforms.
The seminar was attended by representatives from Bangladesh Armed Forces as well as paramilitary and police forces.