SHOW DAILY
INDIA 2015
www.geopolitics.in
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DAY
DEFENCE n DIPLOMACY n SECURITY WEDNESDAY 18, FEBRUARY 2015
PUSHING INDIA AHEAD: Prime Minister Narendra Modi (centre) with Union Minister for Defence Manohar Parrikar (right) and Minister of State for Planning (Independent Charge) and Defence, Rao Inderjit Singh (extreme left) at a function
INDIA’S BIGGEST SHOW OF AERIAL MIGHT KICKS OFF
When Prime Minister Narendra Modi inaugurates Aero India 2015 today, it will emphasise the country's resolve to boost and strengthen the ‘Make in India’ move. The show will send a signal to the manufacturing sector and foreign investors that India has arrived on the world stage of defence production
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he pet theme of Prime Minister Narendra Modi to energise India's economy will take the centre-stage at the show, once again gaining importance as one of the top Asian air shows. The biennial air show attracts a large number of companies from around the world. It saw participation from 570 companies, including 274 foreign firms in the 2013 edition. This number is likely to go up, considering the renewed interest that defence and aerospace firms have in the Indian market since Modi came to power in May 2014 and projections suggest that India's spend on military aviation till 2027 is going to be around $150 billion. Interestingly, this year, the De-
fence Exhibition Organisation is going to be the main organiser of the event, unlike in the previous years when one of the industry bodies, such as Confederation of Indian Industry and Federation of Indian Chambers of Commerce and Industry took the responsibility. Apart from the 'Make in India' theme, the likely investment in the Indian industry through defence offsets too, would be the focus of the show. According to information available from the Defence Ministry, over `28,000 crore is already likely to come into India over the next seven to eight years as offsets based on 24 deals contracted by the three Indian armed forces. Continued on Page 4
INSIDE PAGES • Air Chief Marshal Arup Raha on IAF’s operational capabilities • HAL’s Dr T Suvarna Raju on LCA project • BrahMos’ Sudhir K Mishra on indigenisation moves • Interview of Japanese Ambassador • Airbus Group’s Yves Guillaume on commitment to ‘Make in India’ programme • Boeing’s Dennis Swanson on supplies to India • Sergei Goreslavsky of Rosoboronexport wants to offer missile and radar systems