What steps can India and Saudi Arabia take to explore joint ventures in the defence sector

India and Saudi Arabia are exploring opportunities for joint ventures in the defence sector.
1. Establish clear guidelines and frameworks for defense collaboration between India and Saudi Arabia. 2. Organize regular high-level meetings and dialogues between defense officials from both countries to discuss potential joint projects. 3. Identify areas of mutual interest and expertise where both countries can collaborate effectively. 4. Facilitate technology transfer and knowledge sharing to enhance capabilities in defense manufacturing. 5. Encourage the participation of private companies from both countries to promote innovation and competitiveness. 6. Provide incentives and support for joint ventures in the defense sector through policy reforms and investment opportunities. 7. Develop a long-term strategic partnership in defense cooperation to strengthen security ties between India and Saudi Arabia.
Answered 4 months ago
Krishna Preparing for Civil Services