Defence Ministry to host Aero-India in Bengaluru from Feb 3-5

New Delhi, August 28

The Defence Ministry has taken an in-principle resolution to host the following version of Aero India — thought of Asia’s largest aerospace exhibition — in its conventional venue of Bengaluru from February Three to five subsequent yr however the coronavirus pandemic, official sources mentioned on Friday.

The Ministry took the choice to carry the biennial occasion as scheduled following inputs from the home defence business and international aerospace majors, they mentioned.

The sources mentioned Defence Minister Rajnath Singh has already held quite a few inner conferences on internet hosting the mega occasion.

“It was decided that the event will be hosted while taking maximum precaution against the coronavirus pandemic,” mentioned a supply.

Since its inception in 1996, Bengaluru has been internet hosting the occasion.

The sources mentioned a major variety of international defence majors and large traders had been anticipated to take part within the occasion moreover official delegations from a number of international locations.

The defence ministry plans to showcase its initiatives in selling India’s defence manufacturing on the occasion.

The authorities has unveiled quite a few coverage initiatives in the previous couple of months with an goal to spice up home defence manufacturing.

On August 9, the Defence Minister introduced that India would cease import of 101 weapons and army platforms like transport plane, gentle fight helicopters, typical submarines, cruise missiles and sonar techniques by 2024.

In a associated improvement, the DRDO on Monday recognized 108 army techniques and subsystems like navigation radars, tank transporters and missile canisters for the home business to design, develop and manufacture.

The premier organisation mentioned it’ll additionally present help to industries for design, improvement and testing of those techniques on a requirement foundation.

It has set a goal of subsequent yr in growing the 108 techniques and subsystems.

India is likely one of the largest importers of arms globally. According to estimates, the Indian armed forces are projected to spend round $130 billion in capital procurement within the subsequent 5 years. The authorities now desires to scale back dependence on imported army platforms and determined to help home defence manufacturing.

The Defence Ministry has set a purpose of a turnover of USD 25 billion (Rs 1.75 lakh crore) in defence manufacturing within the subsequent 5 years that included an export goal of USD 5 billion (Rs 35,000 crore) value of army {hardware}. PTI

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