India–Thailand likely to form joint venture in defence production

India and Thailand are most likely to form a joint production and development venture in defence. The Indian side is keen to assist Thailand in setting up a defence industry and had proposed a visit to Indian facilities for the Thai side. A start can be made on systems that the ordnance factories manufacture - from explosives to small arms and defensive equipment.

Source: http://economictimes.indiatimes.com/news/politics-and-nation/government-explores-joint-venture-in-defence-production-with-thailand/articleshow/46628513.cms

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