![](https://menafn.com//includes/img/error-logo-left.png)
Aero India Will Foster Scientific Temperament: Rajnath Singh
Addressing a press conference in Bengaluru, Rajnath Singh said:“Aero India is a platform that showcases the strength, resilience, and self-reliance of New India. It is not just crucial for India's defence preparedness, but it also plays a pivotal role in shaping the future of our nation. It will demonstrate our defence capabilities and forge global partnerships.”
Rajnath Singh added that post-corporatisation of the Ordnance Factory Board, the newly formed companies have started performing exceptionally well in defence production.
“Under a well-considered and well-developed plan, we have actively worked to empower the private sector in the defence and aerospace industries. Today, India has a thriving private defence industry that has firmly established itself and is making significant contributions to our national security,” he said.
The Defence Minister expressed confidence that defence production, having crossed the record figure of Rs 1.27 lakh crore, will exceed Rs 1.60 lakh crore by the end of 2025-26.
Defence exports, which touched the record figure of Rs 21,000 crore, he said, will surpass Rs 30,000 crore.
He underlined the crucial role being played by the defence industrial sector in making India an economic superpower.
With the broad theme of 'The Runway to a Billion Opportunities', the five-day extravaganza will showcase India's aerial prowess and indigenous cutting-edge innovations alongside state-of-the-art products of global aerospace companies.
In line with 'Aatmanirbhar Bharat' and 'Make in India, Make for the World' vision, the event will also provide a stage to forge international collaborations to fast-track the indigenisation process, thereby providing a thrust to the Modi government's resolve of making the country Viksit Bharat by 2047.
The first three days of Aero India 2025 (February 10, 11 and 12) will be business days, while February 13 and 14 have been set as public days to allow people to witness the show.
The event will provide a platform for forging partnerships between foreign and Indian firms and the discovery of new avenues in the global value chain to accelerate the indigenisation process.
![](https://menafn.com/updates/provider/IANS.png)
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
![Market Research](/Updates/Alliance.png)
- Manuka Honey Market Report 2024, Industry Growth, Size, Share, Top Compan...
- Modular Kitchen Market 2024, Industry Growth, Share, Size, Key Players An...
- Acrylamide Production Cost Analysis Report: A Comprehensive Assessment Of...
- Fish Sauce Market 2024, Industry Trends, Growth, Demand And Analysis Repo...
- Australia Foreign Exchange Market Size, Growth, Industry Demand And Forec...
- Cold Pressed Oil Market Trends 2024, Leading Companies Share, Size And Fo...
- Pasta Sauce Market 2024, Industry Growth, Share, Size, Key Players Analys...
Comments
No comment