India is ready to help bangladesh with its defense modernization efforts and has identified defense industry cooperation with Dhaka as an emerging area of focus of the bilateral partnership, including joint development and production, India’s envoy here said.
The Indian High Commission organized a seminar on Indian defense equipment here on Sunday to promote India-Bangladesh defense industry cooperation.
Pranay Verma, India’s High Commissioner to Bangladesh, spoke at the event, citing defense industry cooperation between the two countries as an emerging area of focus of their defense partnership, according to a High Commission press release.
Verma highlighted the achievements of India’s defense industry over the past decade, driven by Prime Minister Narendra Modi’s “Make in India, Make for the World” vision.
The High Commissioner invited the Bangladesh Armed Forces to take advantage of India’s cost-effective, high-quality defense equipment and technology and proposed joint development and production.
He expressed Delhi’s willingness to cooperate with Dhaka in modernizing its defense through the US$500 million Defense Line of Credit provided by the Government of India to the Government of Bangladesh and urged the defense industry on both sides to take full advantage of this arrangement.
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Bangladesh Army Chief of General Staff (CGS), Lieutenant General Ata-ul Hakim Sarwar Hasan attended the event and delivered keynote remarks along with Verma. Hasan also praised India’s defense manufacturing capabilities and suggested cooperation between the two sides for a closer partnership with the defense industry, the press release said.
Several major Indian defense manufacturers, from the public and private sector, participated and showcased their defense products and platforms. Representatives of the Bangladesh Armed Forces, paramilitary forces and law enforcement agencies also attended the seminar.
India and Bangladesh have a close and amicable defense relationship that spans different areas of cooperation and is guided by the spirit of their shared sacrifices during the 1971 liberation war, the press release said.
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