India achieving self- reliance in defence sector-President Kovind

President Ramnath Kovind has described Aero India 2021 as a living proof of India's ever-growing strength in the defence and aerospace sectors at the global level.The President expressed confidence that the 13th edition of Aero India will contribute significantly towards strengthening India’s self-reliance in the defence sector as well as establishing India as a manufacturer for the world.He was addreing the validictory ceremony of 13th Aero India Show in Bengaluru on Friday. He said that the reforms initiated in India in the last six years offer unprecedented opportunities to investors and private companies in the defence and aerospace sectors.He said, it is our vision to create a robust economy and infrastructure alongside developing competitive supply chains and integrate them globally. 

Defence Minister Rajnath Singh informed that 121 MoUs, 19 transfer of technologies, four handing over of new defence products, 32 major announcements and launching of 18 new products were the outcome of this edition of Aero India international event. The Indian Ocean region Defence ministers’ Conclave, he informed, saw participation from 28 countries that will help synergise resources in this region. The Chief of Air staff conclave, he added, had attendance from 19 countries that exchanged ideas on use of technology for future warfare.

Over 500 companies from 60 countries participated in the three days Aero India show and 4.5 lakh people were virtually connected with the event. During the Aero India show, 35 MSMEs earned business worth 203 crore rupees.