ENA Sectors 2023-09-04 14:19:51 <p><span style="font-size:14px"><strong>New Delhi, Sept 4 (KNN)</strong> The South Korean industry delegation will engage with the Indian defence industry to explore joint ventures, technology transfer, and bilateral trade in an array of multiple segments.</span></p> <p><span style="font-size:14px">The delegation of eleven companies will travel with the South Korean President Yoon Suk Yeol during the upcoming G20 Summit.</span></p> <p><span style="font-size:14px"><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></span></p> <p><span style="font-size:14px">The delegation will explore joint bilateral trade opportunities across artillery, radar and satellite communication, military power systems and aerial and naval platform sub-system supplies, reported Hindu businessline.</span></p> <p><span style="font-size:14px">President Yoon, who will be on his maiden visit to India, will also hold bilateral talks with Prime Minister Narendra Modi.</span></p> <p><span style="font-size:14px">The Korean delegations visit preceded Deputy National Security Advisor Vikram Misris Seoul tour last month for 4th India-RoK Dy NSA level Strategic Dialogue and to increase defence industry cooperation.</span></p> <p><span style="font-size:14px">As per reports, the Indian defence industrys apex body Society of Indian Defence Manufacturers (SIDM) has arranged a meeting with visiting Korean companies on September 7 to push for definite outcomes.</span></p> <p><span style="font-size:14px">The SIDM has created multiple platforms for engagement with the South Korean defence industry and holds an MoU with the Korean Defence Industry Association and the Changwon Industry Promotion Agency.</span></p> <p><span style="font-size:14px">A roadmap for defence industries cooperation was signed between the two countries in September 2019. The two nations believe that both of them can enhance cooperation in critical and emerging technologies. <em><strong>(KNN Bureau)</strong></em></span></p> 34669 https://knnindia.co.in/news/newsdetails/sectors/south-korean-delegation-to-meet-indian-defence-industry-to-explore-avenues-for-collaboration 2023-09-04 14:19:51 knnindia.co.in