Trade and investment issues figured prominently at a meeting in Abu Dhabi between His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai and Anil Ambani, chairman of India’s diversified Reliance Group.
They also discussed various business opportunities, particularly in the defence sector, between the two countries and how the partnership and collaboration between Indian and UAE companies can boost defence production in both nations, it is learnt.
The meeting took place on the sidelines of IDEX 2017, the International Defence Exhibition and Conference, one of the biggest such shows underway in Abu Dhabi.
The potential partnership between Reliance Defence and Strata, which follows extensive discussions between the two companies, will look at opportunities in the production of Carbon Fibre Composites Aerostructures, Prepegs as well as 3D printing of aerospace components and airframe panels. This collaboration is in line with Strata’s vision to become one of the top aerospace companies globally.
The Dhirubhai Ambani Aerospace Park, located at the Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN), is being considered by Reliance Defence Limited for a new facility to support its aerospace ambitions, and forms part of the emerging aerospace industry in India.
Strata is a composite aero-structures manufacturing facility based in the heart of Nibras Al Ain Aerospace, Al Ain, UAE. It has partnerships with the world’s leading aircraft manufacturers such as Airbus, Boeing and Leonardo-Finmeccanica Aero-structures Division, and is a Tier one supplier to FACC AG, SAAB and S.A.B.C.A.