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Sitharaman inaugurates office of BEL in Vietnam

Press Trust of India  |  New Delhi 

today inaugurated the first office of leading defence PSU Electronics Limited (BEL) in Hanoi, reflecting India's deepening military cooperation with strategically- important

On the second day of her visit there, Sitharaman also held extensive talks with her Vietnamese counterpart in during which both sides explored ways to further deepen military cooperation.

Sitharaman also called on of Tran Dai Quang and exchanged views on regional security situation as well as strengthening bilateral defence ties, officials said here.

At an event later, the handed over the symbolic key of the of BEL to of the public sector undertaking Gowtama MV during a Vietnam-defence industry business meeting.

BEL is India's leading company which is fast expanding its global presence, especially in South East Asian countries such as Myanmar, Indonesia, Malaysia, and the

"We look forward to expand our footprint in defence production. This is the best time for us to come here with the technologies we have," Sitharaman said in a keynote address at fourth Vietnam-defence industry meeting.

She said it was important that the spirit of cooperation between and extends to private sector.

"I invite Indian private sector participants to come and engage here seriously," she said.

The tweeted that she talked about India's defence export potential and scope of India-Vietnam cooperation in fields of defence production and innovation.

Vietnam had expressed interest in acquiring Brahmos missiles from India and both sides have been engaged in talks over it.

Defence cooperation between India and Vietnam has been on an upswing, particularly in maritime sphere.

Sitharaman arrived in from yesterday on the second leg of her trip to the region.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, June 13 2018. 21:55 IST