New Delhi:Prime Minister Narendra Modi is likely to inaugurate the biennial Defence exhibition Defexpo-2020 being held in Lucknow next month from February 5-9. The event is being touted as the biggest defence exhibition in the country so far in terms of participation of various stakeholders.
The theme of the Expo is 'India: The Emerging Defence Manufacturing Hub'. The aim is to bring the leading technologies in the defence sector under one roof and provide a myriad of opportunities for the government, private manufacturers and start-ups.
The event will cover the entire spectrum of the country's aerospace, defence and security interests and would be attended by major defence manufacturing countries including the US, Russia, France, Germany and the United Kingdom.
The event is also being seen as a major push by the government towards building a huge military equipment manufacturing infrastructure in Uttar Pradesh which has one of the two designated defence industrial corridors.
The number of companies registered for participating in the 11th edition of the DefExpo 2020 has reached 1,000. In the DefExpo 2018, held in Chennai, 702 companies had participated.
The number of participating foreign companies has also increased to 165 from the previous figure of 160.
The booked exhibition space by exhibitors for DefExpo 2020 has gone up by 60 per cent to over 42,800 square metres, compared to around 26,774 during the last edition.
Defence Ministers and Service Chiefs of 35 countries have confirmed their participation for the DefExpo. A substantial number of Memoranda of Undertaking (MoUs) are expected to be inked during the Expo, resulting in forging of new business collaborations.
The sub-theme of the exhibition is 'Digital Transformation of Defence' which aligns with the concept of the future battlefield. Manufacturing for the aerospace and defence sector through the application of newer technologies will also be focused upon.