Indian defence industry has strong potential for exports: UK trade group ADS

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Press Trust of India Singapore
Last Updated : Apr 24 2018 | 1:45 PM IST

British aerospace and defence trade group ADS today said it sees India as a priority market with which it has a long-term commitment, noting the Indian defence industry's strong potential for exports to emerging markets.

The ADS Group Ltd has more than 1,000 members from aerospace, defence, security and space sectors in the United Kingdom.

"Defence engagement is a global game and it is an international supply chain. Thus, we are working with our Indian partners for developing export markets," ADS's director for defence, Willy Hockin said here.

Hockin stressed the importance for being a long-term, 10 to 15-year, partner with Indian defence industry, which he said has "strong potential of exporting to emerging markets".

The ADS group also sees itself playing a crucial role from early stage of technology development, product innovation and market information sharing. "We also see a high level of technology-transfer and knowledge sharing," he said
Detailing the multi-pronged campaigns, ADS Chief Executive Paul Everitt said, "India is a priority market for us and for our members, and we have a long-term commitment to India."

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First Published: Apr 24 2018 | 1:45 PM IST

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