Maharashtra Governor Jishnu Dev Verma and Chief Minister of Devendra Fadnavis welcome Cyprus President Nikos Christodoulides in Mumbai 

The Confederation of Indian Industry (CII) on Thursday signed a strategic Memorandum of Understanding (MoU) with the Cyprus Chamber of Commerce and Industry (CCCI) during the Cyprus-India Business Forum, aimed at strengthening trade, investment and technology partnerships between the two countries

The agreement was signed in the presence of Cyprus President Nikos Christodoulides and Maharashtra Chief Minister Devendra Fadnavis, along with senior officials from both countries

The agreements aim to enhance business linkages, industry exchanges, and technology partnerships while creating new opportunities for collaboration in defence and strategic sectors

The MoU seeks to expand cooperation between Indian and Cypriot industries through investment promotion, joint ventures, business delegations, trade fairs, and sector-focused engagements across areas such as technology, manufacturing, logistics, defence, digital innovation and services

In a parallel development, the Society of Indian Defence Manufacturers (SIDM) also signed an MoU with the Cyprus Defence & Space Industry Cluster (CyDSIC) to strengthen collaboration in defence manufacturing, aerospace innovation, dual-use technologies and industrial partnerships.