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U.K. industry body to shut India office
Context:
- A U.K. industry body which facilitates defence and aerospace partnerships has decided to shut its office in India.
What is more in news?
- While a few large U.K. companies such as BAE Systems have their own offices in India, the Small and Medium Enterprises which cannot afford to do so utilise the services of ADS to connect with the Indian industry.
- But ADS (Aerospace, Defence, Security and Space) Group has decided to shut down its India office by March end.
- It is likely due to funding issues.
