Delhi. India’s aerospace and defence sector has matured and is exploring mutually beneficial partnerships with friendly countries to set up manufacturing industries in India and defence equipment produced in India to be exported abroad, Defence Minister Rajnath Singh said in October 7.
Addressing representatives from around the world a virtual round-table here, he said the Aero India-21 exposition at Bengaluru February 3-7, 2021 will “showcase Government’s intent to achieve a turnover of $25 billion with exports of $5 billion in aerospace and defence goods and services by 2025”.
The representatives were briefed that Aero India-21 will be a business oriented event and will be compliant to the COVID-19 stipulations. The event has received tremendous interest since the launch of the event website by the Defence Minister on September 11, 2020 and more than 90 per cent of space has been booked reflecting the tremendous interest shown by exhibitors to participate in the aero show.
The fine tuning of the business events and seminars are being planned and over 500 exhibitors are expected at Asia’s Largest Aeroshow.
Rajnath Singh also urged the Ambassadors to impress upon their leadership and Industry captains of their respective countries and defence industries to participate in Aero India-21 in a big way so as to “dive deep into the strategic and business opportunities available in India with the aim of establishing strategic partnerships”. He also released the official Aero India 2021 inaugural film on the occasion.
The theme of the event “The runway to a billion opportunities’, encompasses the gamut of Aerospace and Defence manufacturing, including opportunities in the civil aerospace domain. The Defence Minister expressed confidence that Aero India-21 will demonstrate India’s ability to take the lead and further build on our strengths in the post COVID world.
The Department of Defence Production gave a detailed presentation on all aspects of Aero India-21 and built in assurances to be compliant with COVID-19 stipulations. The Government of Karnataka also gave a presentation informing the participants about the preparedness of the state to conduct the show in a controlled and safe environment.
Addressing the audience, Karnataka Chief Minister B.S. Yediyurappa and assured the distinguished audience that his government would make all necessary preparations towards safe conduct of the Aero India-21.
Minister of State for Defence Shripad Yesso Naik and Secretary (Defence Production) Raj Kumar also addressed the gathering and echoed the resolve of the Ministry of Defence to steer the indigenous defence industry as one of the pillars of the Atmanirbhar Bharat (Self-Reliant India) initiative and invited the foreign delegates to Aero India-21.
The major reach-out effort of the Ministry was well attended by 200-plus invitees comprising Ambassadors, Heads of Missions and Defence Attaches of over 75 countries indicating the growing stature of the 13th mega biennial event. The senior representatives of foreign missions at New Delhi were briefed about the Aero India-21well in advance with a view to encourage the presence of their leaders and senior most decision makers at the event in February 2021 wherein India’s Aerospace and Defence manufacturing capabilities will be displayed under one umbrella.
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