India-Morocco Defence Industry | 16 Dec 2024

Source: TH

Recently, the India-Morocco defence industry seminar in Rabat, Morocco, focused on expanding defence cooperation, with Morocco offering a profitable, zero-bureaucracy environment for Indian companies.

As per recent data, India's total defence exports, surging from Rs 686 crore in FY 2013-14 to Rs 21,083 crore in FY 2023-24.
- Defence collaboration with global partners like Morocco will boost production capabilities through technological advancements, increased investment, and global collaboration, enhancing self-reliance.
Tata Group's establishment of India's first defense manufacturing facility in Morocco underscores the "Make in India" initiative, enhancing India's technological capabilities, especially in advanced systems like the WhAP 8x8 ground combat vehicle.
Morocco’s investor-friendly environment and its extensive network of Free Trade Agreements with 90 countries open new markets for Indian defence exports, particularly in Africa and Europe.
Morocco:
- Bordered by Algeria (east), Western Sahara (south), the Atlantic Ocean (west), and the Mediterranean Sea (north), and the Strait of Gibraltar separating it from Spain.
  - India exports USD 83.9 million and imports USD 162 million from Morocco.