Thursday, February 19, 2015

Israel, India 'open' to joint production of military hardware

Israel's Defence Minister Moshe Yaalon on Wednesday attended the biennial Aero India show, which is at the center of India's military modernisation plans.

He spoke at the opening of Israel's stand at the aviation exhibition in the southern city of Bangalore, saying "Once again we are witnessing the Israeli defense industry's capacity for innovation.

"Israeli companies are working together with the Administration for the Development of Weapons and Technological Infrastructure to fortify the security of the State of Israel, the strengthening of the IDF, and to maintain the qualitative edge we have over our enemies."

Addressing the ties with India, Ya'alon said the bilateral relations "have grown stronger in recent times. I am proud to be the first defense minister who visits here and meets with senior government officials, whose leadership and vision to lead India seeks prosperity and growth.

The Israeli official has met with India's Prime Minister Narendra Modi, who vowed to end India's status as the world's number one defence importer, saying he wanted 70 percent of hardware to be manufactured domestically by the turn of the decade.
Modi told hundreds of foreign and local businessmen that his government would favour domestic firms when awarding defence contracts as part of a larger push to boost India's manufacturing sector.
18/02/15 i24 News
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