New Delhi: Defence Minister Rajnath Singh on Wednesday chaired the Ambassadors' Round Table Conference on Aero India 2021.
"Department of Defence Production, Ministry of Defence organised the Ambassadors' Round Table Virtual conference on Aero India 2021, chaired by Raksha Mantri Shri Rajnath Singh here today," said a press statement from the Ministry of Defence.
The major reach-out effort of the Ministry was well attended by 200+ invitees comprising Ambassadors, Heads of Missions and Defence Attaches of over 75 countries indicating the growing stature of the 13th mega biennial event, to be held in Karnataka's capital Bengaluru from February 3-7, 2021, the press statement read.
The senior representatives of foreign missions at New Delhi were briefed about the Aero India-21well in advance with a view to encouraging 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.
According to the press statement, addressing the conference, the Defence Minister said, Aero India-21 aligns with India's vision to be among the top five countries of the world in defence and aerospace industries, with the active participation of public and private sector fulfilling the objective of self-reliance as well as requirements of other friendly countries.
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Singh stated, "Aatmanirbhar Bharat was the centrepiece of Prime Minister Narendra Modi's vision and towards this, Ministry of Defence has announced numerous government reforms such as an increase in FDI to 74 per cent through the automatic route, the Defence Acquisition Procedure-2020, revised Offset guidelines to promote investment in India for co-development and co-production as also formulated the draft Defence Production and Export Promotion Policy 2020 (DPEPP 2020)during the preceding pandemic months to steer the vision as also for ease of business."
Singh added that 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.
He further stated, "Aero India-21 will showcase the government's intent to achieve a turnover of USD 25 billion with exports of USD 5 billion in aerospace and defence goods and services by 2025".
The representatives from across the world were briefed that Aero India-21 will be a business-oriented event and will be compliant with the COVID-19 stipulations.
The event has received tremendous interest since the launch of the event website by the Defence Minister on 11 September 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.