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Indian Defence Tech Firm to Set Up Joint Venture in the Philippines

SMPP Limited, a leading Indian defence technology company, has taken a major step towards advancing Prime Minister Narendra Modi’s vision of “Make in India, Make for the World” and strengthening India’s position as a global defence manufacturing hub.

The company has signed a landmark Memorandum of Understanding (MoU) with Asia Defence and Firepower Corporation (ADFC) of the Philippines to create a strategic joint venture corporation (JVC).

The new JVC will be based in the Philippines and will focus on manufacturing, assembling, and distributing a range of SMPP’s advanced defence products. These products will be customised to meet the needs of the Philippine government’s Self-Reliant Defence Posture (SRDP) programme, which operates under Republic Act No. 12024.

This collaboration aims to boost the defence capabilities of the Philippines while also supporting India’s goal of expanding its defence technology footprint globally. It reflects a growing trend of strategic partnerships in the sector, as countries look to strengthen local manufacturing and reduce dependence on imports.

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