Sunday, April 2, 2023
Defence NewsPM at DefExpo: Make in India presents a very big opportunity

PM at DefExpo: Make in India presents a very big opportunity

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Lucknow: Prime Minister Narendra Modi inaugurated the 11th edition of DefExpo in Lucknow, Uttar Pradesh, on Wednesday, with a clarion call to Make in India. “This is a very big opportunity for the people as well as the youth of India. Make in India will not only increase India’s security but new opportunities for employment in defence sector will also be created. It will also boost defence exports in future,” the Prime Minister said.

Make in India presents immense opportunity: PM at DefExpo

“DefExpo is a living proof of India’s vastness, its pervasiveness, its diversity and its wide participation in the world. This is proof that India is moving ahead with a strong role in the field of security and defence. This expo reflects not only the industry related to defence, but also the world’s confidence towards India as a whole. Those who know about defence and economy surely know that India is not just a market; India is also an immense opportunity for the whole world,” Modi said.

Nation would benefit from the defence industrial eco-system: Singh

Defence Minister Rajnath Singh Mantri said that the creation of two defence corridors was a result of Prime Minister Narendra Modi’s vision of leading India to become a technological powerhouse through policy initiatives such as Make in India, Start-up India and Skill India. Speaking at the inauguration ceremony of Defence Expo 2020, Singh said that the nation would benefit from the defence industrial eco-system being setup and developed using cluster development.

In order to make India a defence manufacturing hub, Singh said that the key was cooperation among various countries and the global defence manufacturing companies. He said that companies from around the world were bringing together their individual competencies in order to collaborate and share know-how with Indian companies to create a win-win situation. The minister stressed that India, with its large market base, recent technological advancements, software know-how and a fast-developing defence industry, was ideally suited to act as a facilitator and collaborator in this field. He mentioned that technology leaders, manufacturing hubs, and software companies were collaborating to create cost effective and efficient advanced solutions.

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