ENA Sectors 2023-02-13 14:48:03 <p><span style="font-size:14px"><strong>Bengaluru, Feb 13 (KNN)</strong> Prime Minister Narendra Modi on Monday said that India will soon emerge as the worlds largest defence manufacturing base.</span></p> <p><span style="font-size:14px">Addressing the inaugural ceremony of the 14th edition of Asias biggest aero show Aero India 2023, the prime minister said, India is not just a market for global defence companies but also a potential defence partner and an emerging global powerhouse.</span></p> <p><span style="font-size:14px"><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></span></p> <p><span style="font-size:14px">Our target is to take defence exports to USD 5 billion by 2024-25, he said.</span></p> <p><span style="font-size:14px">The Prime Minister added New India of the 21st century will now neither lose any opportunity nor lag behind in hard work. Were ready. On the path to reforms, were bringing a revolution in every sector. The country which was the biggest defence importer for decades now exports defence equipment to 75 countries, he added.</span></p> <p><span style="font-size:14px">The five-day-long Aero India 2023 will host 809 exhibitors including MSMEs, startups, and 110 foreign exhibitors.</span></p> <p><span style="font-size:14px">As per reports, defence ministers of 32 countries, air chiefs of 29 countries, and 73 CEOs of global and Indian defence OEMs will be participating in the event.</span></p> <p><span style="font-size:14px">The event will include aerial displays of aircraft and helicopters and a large exhibition and trade fair for aerospace and defence companies. Major exhibitors at the event are BrahMos Aerospace, Army Aviation, Larsen &amp; Toubro, Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BHEL), BEML Limited, Bharat Dynamics Limited (BDL), Rolls Royce, Dassault Aviation, Airbus, Boeing, Lockheed Martin, Israel Aerospace Industry, and SAAB. <em><strong>(KNN Bureau)</strong></em></span></p> 32289 https://knnindia.co.in/news/newsdetails/sectors/india-to-soon-emerge-as-global-powerhouse-for-defence-manufacturing-says-pm-modi 2023-02-13 14:48:03 knnindia.co.in