New Delhi. To boost defence exports in friendly foreign countries and in an effort towards achieving the target of Indian defence export of US$5 billion, Department of Defence Production, Ministry of Defence (MoD) in association with Society of Indian Defence Manufacturers (SIDM) organised a webinar between India and Chile. The Theme of webinar was “Indian Defence Industry Global Outreach for Collaborative Partnership: Webinar and Expo.”

Secretary (Defence Production), Raj Kumar; Head of the Technological Development and Industry Division, Ministry of Defence, Government of Chile Mr Oscar Bustos and other senior officials from both sides participated in the webinar on March 25.

In his opening remarks, Raj Kumar highlighted the strong capabilities of Indian defence industry in various fields and their willingness to collaborate with Chilean defence companies for co-development and co-production in the areas of mutual interest. Further, the Secretary (Defence Production) stated that Indian defence industry is keen to participate in the bidding procurement process of Chilean Armed Forces.

Indian companies including Larsen & Toubro (L&T), Bharat Forge, Goa Shipyard Limited (GSL), Hindustan Aeronautics Ltd (HAL), Mahindra Defence, MKU Ltd, Ordnance Factory Board (OFB) and Tata Advanced Systems Ltd (TASL) made presentations on major defence platforms and products. From Chilean side FAMAE/S2T, ASMAR/SISDEF and ENAER/DTS made company presentations.

The webinar was attended by more than 130 delegates. More than 100 virtual exhibition stalls from Indian companies were set up. It was a part of the series of webinars which are being organised with friendly foreign countries in order to boost defence exports and achieve defence export target of 5 billion US Dollar by the year 2025.