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India has invited China to participate in the upcoming Defence Expo 2018, scheduled to begin in Tamil Nadu from April 11.
Though the invite has been extended at the ministerial level, the confirmation is awaited.
The event, organised by the defence ministry, will be held at Thiruvidandai in Kanchipuram district, near Chennai, from April 11 to 14.
Two international collaboration events will be held on the sidelines of the expo; a joint commission with South Korea and military-industry cooperation with Russia.
"A policy on innovation for defence excellence will be released during the expo. A draft policy to allow 74% FDI in the areas of niche technology where we are importing since long is under consultation and will be finalised soon. In 2017, we produced Rs 55,000 crore of defence equipment," said, Ministry of Defence Secretary (Defence Production) Ajay Kumar.
Defence Expo 2018 will have 677 exhibitors which will include 523 Indian and 154 international exhibitors. For the first time, there will be an India pavilion having 70 exhibitors, public and private, which will have the production capability on display.
There will be 47 official delegations, 18 ministerial official delegations and 20 large international delegations.
With 500 NCC cadets as volunteers, the expo will be open for public display on April 14.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
http://www.business-standard.com/ar...pate-in-defence-expo-2018-118040400853_1.html
DefExpo 2018: Fewer foreign exhibitors; China hasn’t responded to Indian invitation
SOURCE: Hindustan Times
Fewer foreign exhibitors will take part in DefExpo-2018 and China has not responded to an invitation to the defence ministry’s military systems exhibition that will be inaugurated by Prime Minister Narendra Modi in Chennai on April 12, a senior government official said on Wednesday.
The count of foreign exhibitors is down by around 10% but the number of Indian firms showcasing their military wares has gone up at the biennial show last staged in Goa, said Ajay Kumar, secretary, defence production.
Briefing reporters, Gupta said 677 exhibitors, including 523 from India, had confirmed their participation in DefExpo-2018. The figure is far lower than the 1,055 Indian and foreign firms that took part in the exhibition in Goa in 2016. Delay in announcing the dates and shifting the venue from Goa to Chennai may have forced some exhibitors to change their plans, people from the industry said.
The exhibition seeks to project the country as an emerging defence manufacturing hub, with a special India pavilion to showcase the combined strength of the public and private sectors in defence production, Gupta said. The pavilion will exhibit 70 indigenously produced weapons and systems. India has been the world’s largest weapons importer for a decade.
He said India had produced defence equipment worth Rs 55,000 crore last year and several countries were interested in buying Indian products.
“While we are welcoming big global companies, we aim to showcase the significant manufacturing capabilities we have achieved over the years,” Gupta said.
As many as 47 official delegations from different countries, including 18 ministerial ones, are expected to attend the exhibition. Defence ministry officials said that China was invited to take part in DefExpo-2018 but “we haven’t heard back from them.”
One of the highlights of the exhibition will be the India-Russia military industry conference on April 13, expected to be attended by more than 300 industry leaders from the two countries.
The Indian Air Force is likely to start the process of inviting foreign military contractors to build fighter jets in the country under the government’s Make in India plan before DefExpo-2018 starts, as reported by HT on March 12. Several global plane makers are taking part in the show and waiting for the IAF to put out a request for information for building 114 jets in the country.
Though the invite has been extended at the ministerial level, the confirmation is awaited.
The event, organised by the defence ministry, will be held at Thiruvidandai in Kanchipuram district, near Chennai, from April 11 to 14.
Two international collaboration events will be held on the sidelines of the expo; a joint commission with South Korea and military-industry cooperation with Russia.
"A policy on innovation for defence excellence will be released during the expo. A draft policy to allow 74% FDI in the areas of niche technology where we are importing since long is under consultation and will be finalised soon. In 2017, we produced Rs 55,000 crore of defence equipment," said, Ministry of Defence Secretary (Defence Production) Ajay Kumar.
Defence Expo 2018 will have 677 exhibitors which will include 523 Indian and 154 international exhibitors. For the first time, there will be an India pavilion having 70 exhibitors, public and private, which will have the production capability on display.
There will be 47 official delegations, 18 ministerial official delegations and 20 large international delegations.
With 500 NCC cadets as volunteers, the expo will be open for public display on April 14.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
http://www.business-standard.com/ar...pate-in-defence-expo-2018-118040400853_1.html
DefExpo 2018: Fewer foreign exhibitors; China hasn’t responded to Indian invitation
SOURCE: Hindustan Times
Fewer foreign exhibitors will take part in DefExpo-2018 and China has not responded to an invitation to the defence ministry’s military systems exhibition that will be inaugurated by Prime Minister Narendra Modi in Chennai on April 12, a senior government official said on Wednesday.
The count of foreign exhibitors is down by around 10% but the number of Indian firms showcasing their military wares has gone up at the biennial show last staged in Goa, said Ajay Kumar, secretary, defence production.
Briefing reporters, Gupta said 677 exhibitors, including 523 from India, had confirmed their participation in DefExpo-2018. The figure is far lower than the 1,055 Indian and foreign firms that took part in the exhibition in Goa in 2016. Delay in announcing the dates and shifting the venue from Goa to Chennai may have forced some exhibitors to change their plans, people from the industry said.
The exhibition seeks to project the country as an emerging defence manufacturing hub, with a special India pavilion to showcase the combined strength of the public and private sectors in defence production, Gupta said. The pavilion will exhibit 70 indigenously produced weapons and systems. India has been the world’s largest weapons importer for a decade.
He said India had produced defence equipment worth Rs 55,000 crore last year and several countries were interested in buying Indian products.
“While we are welcoming big global companies, we aim to showcase the significant manufacturing capabilities we have achieved over the years,” Gupta said.
As many as 47 official delegations from different countries, including 18 ministerial ones, are expected to attend the exhibition. Defence ministry officials said that China was invited to take part in DefExpo-2018 but “we haven’t heard back from them.”
One of the highlights of the exhibition will be the India-Russia military industry conference on April 13, expected to be attended by more than 300 industry leaders from the two countries.
The Indian Air Force is likely to start the process of inviting foreign military contractors to build fighter jets in the country under the government’s Make in India plan before DefExpo-2018 starts, as reported by HT on March 12. Several global plane makers are taking part in the show and waiting for the IAF to put out a request for information for building 114 jets in the country.