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PM Modi inaugurates Asia’s largest aero show - Aero India 2023 at Bengaluru
Industry News- Feb 13,23
Aero India 2023, five days event spanning from Febuary 13 to 17, is going to witness participation from 98 countries with 32 Defence Ministers and 73 CEOs of global and Indian OEMs showcasing their aerospace and defence capabilities.
Prime Minister, Narendra Modi inaugurated the 14th edition of Asia’s largest aero show––Aero India 2023 in Bengaluru today. The five days event running from February, 13 to 17 themed ‘The runway to a billion opportunities’ is happening at Air Force Station, Yelahanka in a total area of around 35,000 sqm. The business event will be open to the general public on February 16 and 17, 2023. With participation from approximately 98 countries, Defence Ministers of 32 countries, Air Chiefs of 29 countries and 73 CEOs of global and Indian OEMs are expected to attend the event. 809 defence companies, including MSMEs and start-ups, will showcase the advancement in niche technologies and the growth in the aerospace and defence sectors.
“This new height is the reality of New India, today India is touching new heights and transcending them too,” said Modi. “When the country moves forward with new thinking, new approach, then its systems also start changing according to the new thinking. Today, Aero India is India’s strength and not just a show.”
Event showcased design leadership, growth in the UAVs sector, defence space and futuristic technologies. The event aims to promote the export of indigenous air platforms like Light Combat Aircraft (LCA)-Tejas, HTT-40, Dornier Light Utility Helicopter (LUH), Light Combat Helicopter (LCH) and Advanced Light Helicopter (ALH). It will integrate domestic MSMEs and start-ups in the global supply chain and attract foreign investments including partnerships for co-development and co-production.
The PM said that the aim is to take defence exports from 1.5 billion to 5 billion by 2024-25. “Aero India's deafening roar echoes India's message of Reform, Perform and Transform. The youth of Karnataka should deploy their technological expertise in the field of defence to strengthen the country. India will take rapid strides to be included among the largest defence manufacturing countries and our private sector and investors will play a big role in that”, added the PM.
Narendra Modi at Aero India 2023 innauguration. Image Source: PTI
Defence Minister, Rajnath Singh asserted that India has become a promising manufacturing destination due to its business-friendly environment and cost-competitiveness. “India has become the fifth largest economy in the world due to the vision and determination of our Prime Minister. It is well on course to become the third-largest economy in the next 4-5 years. India’s G-20 presidency this year is also a reflection of India’s growing stature on the international platforms,” he said.
Governor of Karnataka, Thawar Chand Gehlot, Chief Minister of Karnataka, Basvaraj Bommai, Union Minister for Civil Aviation, Jyotiraditya Scindia and Minister of State for Defence, Ajay Bhatt were among those present on the occasion.
The major exhibitors participating in Aero India include Airbus, Boeing, Dassault Aviation, Lockheed Martin, Israel Aerospace Industry, BrahMos Aerospace, Army Aviation, HC Robotics, SAAB, Safran, Rolls Royce, Larsen & Toubro, Bharat Forge Limited, Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), Bharat Dynamics Limited (BDL) and BEML Limited.
CEOs round table
The ‘CEOs Round Table’, under the chairmanship of Defence Minister of India, Rajnath Singh will be held on 13th February on the theme ‘Sky is not the limit: opportunities beyond boundaries’. It is expected to lay the foundation of a more robust interaction between the industry partners and government with an eye on bolstering the ‘Make in India’ campaign. It is further expected to increase the ‘Ease of doing business’ in India and provide a favourable platform to Original Equipment Manufacturers (OEMs) for manufacturing in India. The round table will witness participation from officials, delegates and global CEOs from 26 countries.
‘SPEED’ - Defence Ministers’ Conclave
Singh will host the Defence Ministers’ conclave on 14th February. Defence Ministers of friendly foreign countries will participate in the meeting, which has been organised on the theme ‘Shared Prosperity through Enhanced Engagements in Defence (SPEED)’. The conclave would address aspects related to deepening cooperation for capacity building (through investments, R&D, joint venture, co-development, co-production and provisioning of defence equipment), training, space, Artificial Intelligence (AI) and maritime security to grow together.
Bandhan ceremony
The Bandhan ceremony will witness the signing of the Memorandum of Understanding (MoUs) and other Agreements, the Transfer of Technologies, Product Launches and other major announcements. It will be held on February 15. Singh will preside over the event and 251 MoUs, with an expected investment of Rs 75,000 crore, are likely to be signed for partnerships between various Indian and foreign defence companies and organisations.
Manthan
The annual defence innovation event, Manthan, will be the flagship technology showcase event to be held on February 15. Being organised by Innovations for Defence Excellence (iDEX), the Manthan platform will bring the leading innovators, start-ups, MSMEs, incubators, academia and Investors from the defence and aerospace ecosystem under one roof. Manthan will have many firsts, including the launch of challenges on Cyber Security, the establishment of the iDEX Investor Hub, MoUs with investors etc. Manthan 2023 will provide an overview of the future vision/next initiatives of iDEX to galvanise the start-up ecosystem to foster innovation and technology development in the defence sector.
Pavilions
The ‘India Pavilion’, based on the ‘Fixed Wing Platform’ theme, will showcase India’s growth in the area, including future prospects. There will be a total of 115 companies, displaying 227 products. It will further showcase the growth of India in developing an ecosystem for Fixed Wing platforms which includes the demonstration of various structural modules, simulators, systems (LRUs) etc. of LCA-Tejas aircraft being produced by Private Partners. There will also be a section for Defence space, New Technologies and a UAV section which will give an insight into the growth of India in each sector.
Aero India 2023 will have a separate Karnataka Pavilion which will showcase to the participants the opportunities available in the state. Singh described Karnataka as the frontrunner state which is contributing to the economic growth of the country. “This state is known for its skilled human resource and a robust defence manufacturing ecosystem. It is a preferred centre for manufacturing and R&D activities, for domestic and multinational defence and aviation companies. The presence of many defence-related public and private companies and R&D institutions such as BEML, DRDO, ISRO, IISc, Mahindra Aerospace, Airbus, Boeing etc., makes Karnataka a leading state of the aerospace industry in India. The state will become the centre of defence and aerospace manufacturing for the whole world in the times to come,” he hoped.
Seminars
A number of seminars will be held during the five-day event. The themes include ‘Harnessing Potential of Ex-servicemen for Indian Defence Industry’, ‘India’s Defence Space Initiative: Opportunities for shaping Indian private space ecosystem’, ‘Indigenous development of futuristic aerospace technologies, including aero engines’, ‘Destination Karnataka: US-India defence cooperation innovation and Make in India’, ‘Advancement in maritime surveillance equipment and assets’, ‘Sustenance in MRO and Obsolescence Mitigation and achieving excellence in defence grade drones’, and ‘Aatmanirbharta in Aero Armament Sustenance’.
Narendra Modi
Rajnath Singh
Basavraj Bommai
Aero India 2023
benagakluru
Karnataka
Airbus
Boeing
Dassault Aviation
Lockheed Martin
Israel Aerospace Industry
BrahMos Aerospace
Army Aviation
HC Robotics
SAAB
Safran
Rolls Royce
Larsen & Toubro
Bharat Forge Limited
Hindustan Aeronautics Limited (HAL)
Bharat Electronics Limited (BEL)
Bharat Dynamics Limited (BDL)
BEML Limited
Air Force Station
Yelahanka
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