The Society of Indian Defence Manufacturers (SIDM) and the French Aerospace Industries Association (GIFAS) have signed on 16 April a Memorandum of Understanding (MoU) to promote a sustainable framework for present and future partnerships and cooperative actions between the French aerospace industry and the Indian defence industry.
Both parties agreed to expand trade, through stronger economic and industrial cooperation, between France and India, and towards export customers. The cooperation will focus on five areas; development of business opportunities between members of GIFAS and SIDM, training and human capital development, research and technology, aerospace industry policy and international trade issues.
