The India-Germany High Defence Committee meeting on Tuesday underscored the need for a closer defence partnership and deeper industry collaboration between the two nations, particularly in the area of defence technology, as per an official release.
German firm TKMS (ThyssenKrupp Marine Systems) signed a Memorandum of Understanding (MoU) with Hyderabad-based VEM Technologies, a renowned Indian defence company, specialising in design, development and manufacturing of weapon systems and fuselage and systems for airborne systems.