Tuesday, September 10, 2024

India extends, shares defense industry expertise with Indonesia

Reading Time: < 1 minute
Journalist IBP

Journalist

Editor

Interview

India holds exhibitions and seminars related to defense equipment in Jakarta, extending offer to assist Indonesia in developing its domestic defense industry in the long term.

At the India-Indonesia Defense Industry Partnership event, 36 Indian defense companies came to Jakarta, along with a high-level delegation from the Indian Ministry of Defense.

“We realize that Indonesia also wants to build its own defense industry. “We want to share our experiences in this effort,” Sandeep Chakravorty, Indian Ambassador to Indonesia and Timor Leste, said on April 30, 2024.

Chakravorty said his country wanted to partner with Indonesia for long-term collaboration in the Defense Sector.

This cooperation is through large platforms such as ships, submarines, aircraft, armored vehicles, and satellites; as well as the fields of metallurgy, hydraulics, penumatics, AI, munitions, cyber, and the overall design, research & development and exciting start-up ecosystem.

Meanwhile, some of this technology can be used multiple times for civil purposes, such as communications, or satellite positioning, cyber solutions and drones.

Chakravorty said that his country’s defense industry is currently developing rapidly under the ‘Make in India – Make for the World’ initiative.

He cited that performance and orders at Indian defense companies were at their highest point, with exports reaching a record worth US$ 2.63 billion (Rp 42.7 trillion) in 2023. He also said that India was ready to become one of the leading defense exporters in 2023. 2030.

“I am very confident that Indonesia’s defense institutions can benefit from the experience and success of its neighboring maritime country (India),” he said.

Apart from that, in the near future there will be many Indian companies visiting Indonesia that can partner and contribute to the security framework of the two countries, he added.

Journalist IBP

Journalist

 

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

Defense Minister and President-elect, Prabowo Subianto, met with Malaysian Prime Minister Anwar Ibrahim in Malaysia on Saturday, September 7, 2024, discussing efforts to maintain and enhance bilateral cooperation between Indonesia and Malaysia, particularly in defense sector.
Defense Minister and President-elect Prabowo Subianto was in Bandar Seri Begawan on Thursday, September 5, 2024, for a meeting with Sultan Hassanal Bolkiah discussing efforts to to strengthen bilateral relations and defense cooperation between Indonesia and Bfrunei Darussalam.
The second Indonesia Africa Forum (IAF) concluded on Tuesday, September 3, 2024, with Indonesia securing 32 business deals worth over US$3.5 billion (Rp54.3 trillion)
President Joko “Jokowi” Widodo held a bilateral meeting with Zimbabwe’s Vice President Kembo Dugish Campbell Muleya Mohadi in Bali on Monday, September 2, 2024, discussing measures to enhance trade, pharmaceutical cooperation, and explore lithium mining opportunities in Zimbabwe.
Indonesia and Mozambique have agreed to set up the Indonesia-Mozambique Task Force that will focus on multi-sector development in the two countries.
Coordinating Minister for the Economy, Airlangga Hartarto, explored opportunities for economic, trade, and investment cooperation during a meeting with Canadian business leaders in Vancouver on Friday, August 30, 2024.