- 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:
a. Hindustan Aeronautics Limited
b. Indian Army
c. NITI Aayog
d. Society of Indian Defense Manufacturers (SIDM)
