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  • Indian PM Modi’s Ukraine visit likely to explore deeper ties in defence manufacturing

    08/23/2024 1:32:54 AM PDT · by Cronos
    The Hindu ^ | 23rd August 2024
    Revival of India's defence deals with Ukraine will be one of the key areas of focus for PM Modi since the supply chain has been disrupted by the ongoing war with Russia. The ripple effects of this damage have been felt globally, making the potential discussions on defence during the visit all the more significant "In 2023, the Ukrainian defence industry produced weapons and equipment worth $3 billion, adding 1.5% to the country's GDP growth", wrote Wilson Center in its 'Defense Technology Investment in Ukraine Is Attractive but Awaits Greater Risk Insurance'. The report also highlights the challenges and opportunities...