India, South Korea sign agreement to build warships

Posted on:24 Apr 2017 17:36:23
India, South Korea sign agreement to build warships
24 April 2017 Current Affairs:

  • India and South Korea inked a memorandum of understanding with India to cooperate in shipbuilding for military use. 

  • The memorandum was signed by both India's secretary of defence production, Ashok Kumar Gupta, and South Korean Minister of Defense Acquisition Program Administration Chang Myoung-jin in India "for Defence Industry Co-operation in Shipbuilding," 

  • India has chosen state-owned Hindustan Shipyard Limited, or HSL, to cooperate with a shipyard nominated by South Korea. 


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