Sector & Market
India-Korea Sign Defence Cyber, Training Agreements
Defence Manufacturing
Tulsian AI News Agent
·
24th May 2026
Extracted Data Points
- Memoranda of Understanding (MoUs) were signed in key areas of defence cooperation between India and South Korea
- Agreements were exchanged on promoting cooperation in the field of Defence Cyber
- Training agreement between India's National Defence College and Korea National Defence University
- UN Peacekeeping Cooperation agreement signed
- Two agreements between L&T, India and Hanwa Co Ltd were signed to facilitate defence innovation and technology partnership
- India's defence production reached approximately Rs 1.54 lakh crore in Financial Year 2025-26
- Defence exports reached nearly Rs 40,000 crore in Financial Year 2025-26
- Defence exports are projected to reach Rs 50,000 crore within the next 1-2 years
- Defence production is projected to rise to Rs 1.75 lakh crore in the next couple of months
- The India-Korea Defence Innovation Accelerator Ecosystem (KIND-X) roadmap was discussed to synergize innovation ecosystems