- The MoU was signed during the webinar titled ‘India-Sweden Defense Industry Cooperation’. The webinar was held under the theme of ‘Capitalization of Growth Opportunities’.
- It was organised by the Department of Defense Production, Ministry of Defence, through SIDM and SOFF.
- From India, the chief guest was Union Defense Minister Rajnath Singh and from Sweden, the chief guest was Peter Hultquist, Defence Minister of the country.
- The MoU was signed to promote bilateral defence industrial relations between India and Sweden.
- Under the MoU, a Joint working group will be framed to manage the operations of the MoU.
- During the webinar, the first edition of ‘SIDM Member Directory 2020-21 – A 360 Overview of the Indian Defense and Aerospace Sector’ was released by Union Defense Minister Rajnath Singh.
- It mentions the capabilities of 437 companies associated with the defence and aerospace sector and grants them access to information on the Indian industry.
- Also, Union Defence Minister invited the firms from Sweden to invest in Defense Corridors in Uttar Pradesh and Tamil Nadu.
- He also assured cooperation with Sweden in the shipbuilding industry area.
- Static Part:
- HQ of SIDM: New Delhi
- President of SIDM: Jayant D Patil
- HQ of SOFF: Stockholm, Sweden
- Secretary-General of SOFF: Robert Limmergaard
Question:
Q.1 Which organisation signed MoU with Swedish Security and Defense Industry (SOFF) during the webinar titled ‘India-Sweden Defense Industry Cooperation’?
a. Hindustan Aeronautics Limited
b. Indian Army
c. NITI Aayog
d. Society of Indian Defense Manufacturers (SIDM)
a. Hindustan Aeronautics Limited
b. Indian Army
c. NITI Aayog
d. Society of Indian Defense Manufacturers (SIDM)