Rajnath Singh attends CEO forum in Seoul to attract investment in defence sector, says deeper cooperation with South Korean firms will give impetus to Make in India

-

Seoul: Defence Minister Rajnath Singh on Friday urged Indian and South Korean companies to actively collaborate with each other in the defence sector. Singh had a series of engagements with Indian and South Korean defence companies during his three-day visit to the Asian country.

File image of Defence Minister Rajnath Singh. News18

File image of Defence Minister Rajnath Singh. News18

At the CEOs Forum, over 25 Indian and Korean companies engaged in the defence sector made presentations on their products and capabilities and also shared their views on policy measures that are required to boost the partnership in the defence realm, an official statement said.

"In his remarks, the defence minister highlighted the measures taken by the Indian government to liberalise the defence sector and adopt policy measures to boost the 'Make in India' initiative in the defence sector. He encouraged Indian and South Korean companies to actively collaborate with each other and assured them of complete support from the government", it said. Representatives from Uttar Pradesh and Tamil Nadu governments made presentations on defence corridors.

The defence minister invited South Korean companies to participate in the DefExpo event in Uttar Pradesh in February 2020, the statement said. "Wang Jung-hong, Minister, Defence Acquisition and Program Administration, South Korea assured that he would encourage Korean companies to actively explore Indian opportunities", it stated.

Wang later joined Rajnath and General Park Han-ki, Chairman, Joint Chiefs of Staff, at a banquet hosted in honour of the visiting dignitary. During the visit, two MoUs were signed between Hanwha Defence International and Larsen and Toubro (L&T), and between Society of Indian Defence Manufacturers (SIDM) and Korea Defence Industries Association (KDIA).



from Firstpost India Latest News https://ift.tt/2A0mAks
Asian News International

Comments

Post a Comment

Popular posts from this blog

Both COVID-19 vaccine doses needed for good protection against B16172 variant

-
It’s been a concerning few weeks in the UK, with the B16172 variant first taking hold and then spreading to become dominant. This more infectious form of the virus, initially identified in India, is what we’re now going to have to live with – unless it is out-competed by another variant in the future. Worryingly, experts had predicted that B16172 might be able to escape some of the effects of vaccines, which if true would threaten to derail the UK’s plans to finish lifting restrictions from the end of June. However, Public Health England (PHE) has looked at the ability of various variants to evade immunity and says that the UK’s vaccines remain effective against the variants circulating, including B16172. On the surface, this looks like good news. But delve a bit deeper, and things get more complicated, says Paul Hunter, professor of medicine at the University of East Anglia. PHE’s research found a little drop-off in protection against B16172 among people who were fully vaccinated.
Read more

New coronavirus variant emerge in India: How should our COVID response change?

-
Image
After genome sequencing of over 10,000 COVID-19 cases in India, researchers have discovered a new variant with two new mutations which may be better at evading the immune system. In 15-20 percent of samples from the Indian state of Maharashtra (the state accounting for 62 percent of cases in the country) a new, double mutation in key areas of the virus has been detected. These are now known as the E484Q and L452R mutations. What makes the variant different? Both these mutations are concerning because they are located in a key portion of the virus – the spike protein – that it uses to penetrate human cells. Spike proteins attach via a “receptor binding domain”, meaning the virus can attach to receptors in our cells. These new mutations include changes to the spike protein that make it a “better fit” for human cells. This means the virus can gain entry more easily and multiply faster. Given what we have seen with other similar mutations , it might also make it harder for our immu
Read more

120 flights delayed, 30 trains running late; Delhi fog & cold wave continue to give shiver to travellers

-
Arrival and departure of 120 flights, both domestic and international, to Delhi airport were affected due to dense fog and cold wave conditions on Wednesday, according to Delhi Airport FIDS (Flight Information Display System). As per the Delhi Airport FIDS, a total of 53 flights, including 21 domestic arrivals, 16 domestic departures, 13 international departures and three international arrivals scheduled are cancelled and not operating due to fog and other operational reasons from and to Indira Gandhi International (IGI) Airport in the national capital on 17 January. #WATCH | Delhi: Several flight operations delayed at IGI airport due to low visibility amid fog. pic.twitter.com/hG1DUKllEt — ANI (@ANI) January 17, 2024 Visuals from the Delhi airport showed passengers waiting outside, checking update of their scheduled flights. There were also some people waiting for flight of their families, friends and loved ones to arrive, which got delayed due to fog. #WATCH | Delhi | Pas
Read more