Signature of MoU Between GIFAS (France) and SIDM (India)

The Society of Indian Defence Manufacturers (SIDM) and the Groupement des Industries Françaises Aeronautiques et Spatiales (GIFAS) signed an MoU on the sidelines of a major industrial mission in India in the field of aerospace and defence organised by GIFAS with the support of SIDM.

This agreement aims to promote a sustainable framework for present and future partnerships and cooperative actions between the French aerospace industry and the Indian defence industry by reaffirming the necessity to expand trade, through stronger economic and industrial cooperation, between France and India, and towards export customers.
Source- Business Standard

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • France Capital- Paris, Currency- Euro, President- Emmanuel Macron.