<p>Defence Minister Rajnath Singh will host a conclave of defence ministers on February 14, on the sidelines of Aero India 2023 in Bengaluru.</p>.<p>An official statement on Tuesday said defence ministers of friendly countries would attend the conclave, which is aimed at greater cooperation in R&D, joint ventures, co-production, training, space, AI and maritime security, under the broad theme Shared Prosperity through Enhanced Engagements in Defence (SPEED).</p>.<p>The conclave will be an opportunity to further international cooperation in carrying forward the idea of ‘Make in India, Make for the World’, the statement said.</p>.<p>The biennial airshow and exhibition, in its 14th edition, will be held at the Indian Air Force Station in Yelahanka from February 13 to 17. A total of 731 exhibitors, including 98 foreign exhibitors, have registered for the event.</p>.<p><strong>Also Read | </strong><a href="https://www.deccanherald.com/business/union-budget/budget-proposals-will-help-india-achieve-goal-of-becoming-5-trillion-economy-rajnath-1186808.html" target="_blank"><strong>Budget proposals will help India achieve goal of becoming $5 trillion economy: Rajnath</strong></a><br /><br />The conclave is an opportunity for Defence Ministers of all foreign friendly countries and India to engage with each other to carry forward the Prime Minister’s vision of ‘Make in India, Make for the World’ for a secure and prosperous future for generations to come, it added. According to officials, Aero India has carved a niche for itself globally as one of the premier aerospace exhibitions with 13 successful editions organised in Bengaluru since 1996.</p>.<p>A total 731 exhibitors have registered -- 633 Indian and 98 foreign for Aero India this time. Noting that Prime Minister Narendra Modi has launched a campaign for ‘Aatmanirbhar Bharat’ (self-reliant India), in Defence sector, the release said it aims to increasing indigenous defence manufacturing and production capability to develop a self-sufficient defence ecosystem; involving likeminded nations in developing a reliable supply chain free of exploitation and disruptions by certain players. It said, while the domestic requirements are large enough to sustain the indigenous industry, India would like to partner with friendly countries to take the Defence production to next level and share the benefits to ensure shared prosperity.</p>.<p>The aerospace industry is also gearing up majorly to cater to the demand of aircraft (fixed and rotary wings), UAVs and communication systems, according to officials, the opportunities in the aerospace for the Indian industries will enhance with favorable defence policies with the other countries by creating an ecosystem in India. Satellite enabled technologies such as information technology, Artificial Intelligence (AI), chip manufacturing and communication technology are areas where massive scope for jointness exists, they said.</p>.<p>(With PTI inputs)</p>
<p>Defence Minister Rajnath Singh will host a conclave of defence ministers on February 14, on the sidelines of Aero India 2023 in Bengaluru.</p>.<p>An official statement on Tuesday said defence ministers of friendly countries would attend the conclave, which is aimed at greater cooperation in R&D, joint ventures, co-production, training, space, AI and maritime security, under the broad theme Shared Prosperity through Enhanced Engagements in Defence (SPEED).</p>.<p>The conclave will be an opportunity to further international cooperation in carrying forward the idea of ‘Make in India, Make for the World’, the statement said.</p>.<p>The biennial airshow and exhibition, in its 14th edition, will be held at the Indian Air Force Station in Yelahanka from February 13 to 17. A total of 731 exhibitors, including 98 foreign exhibitors, have registered for the event.</p>.<p><strong>Also Read | </strong><a href="https://www.deccanherald.com/business/union-budget/budget-proposals-will-help-india-achieve-goal-of-becoming-5-trillion-economy-rajnath-1186808.html" target="_blank"><strong>Budget proposals will help India achieve goal of becoming $5 trillion economy: Rajnath</strong></a><br /><br />The conclave is an opportunity for Defence Ministers of all foreign friendly countries and India to engage with each other to carry forward the Prime Minister’s vision of ‘Make in India, Make for the World’ for a secure and prosperous future for generations to come, it added. According to officials, Aero India has carved a niche for itself globally as one of the premier aerospace exhibitions with 13 successful editions organised in Bengaluru since 1996.</p>.<p>A total 731 exhibitors have registered -- 633 Indian and 98 foreign for Aero India this time. Noting that Prime Minister Narendra Modi has launched a campaign for ‘Aatmanirbhar Bharat’ (self-reliant India), in Defence sector, the release said it aims to increasing indigenous defence manufacturing and production capability to develop a self-sufficient defence ecosystem; involving likeminded nations in developing a reliable supply chain free of exploitation and disruptions by certain players. It said, while the domestic requirements are large enough to sustain the indigenous industry, India would like to partner with friendly countries to take the Defence production to next level and share the benefits to ensure shared prosperity.</p>.<p>The aerospace industry is also gearing up majorly to cater to the demand of aircraft (fixed and rotary wings), UAVs and communication systems, according to officials, the opportunities in the aerospace for the Indian industries will enhance with favorable defence policies with the other countries by creating an ecosystem in India. Satellite enabled technologies such as information technology, Artificial Intelligence (AI), chip manufacturing and communication technology are areas where massive scope for jointness exists, they said.</p>.<p>(With PTI inputs)</p>
