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PM Modi Ups The Make In India Campaign In Aero India 2015, Bengaluru

Prime Minister Narendra Modi hyped the Make in India programme in case of defence services. The intention to boost India's indigenous manufacturing was announced at Aero India 2015 in Bengaluru. The show is attended by as many as 64 companies from the US.

Global instability, protection of free navigation in the seas and air, combating terrorism and extremism figured as prominent point of discussion here. The congregation was attended by important personnel from the US too.

Modi said India imports nearly 60 per cent of its defence equipment. This makes us the largest importer of defence equipment in the whole world.

Defence PSUs should work towards filling-up the gap. Even a 20-25 per cent reduction in imports would show itself in the creation of 1-1.2 lakhs jobs for the highly skilled.

To an economist, the present state of affairs would not make sense. If India is to step on the path to development, it needs to boost its exports, not imports.

Modi said Aero India 2015 was a meeting of some of the most important players of supply-chains in the world.

The confluence should contribute to investment, manufacturing, increase the level of technology used in the country's defence program, besides giving the necessary boost to the country's growth.

The five-day trading bonanza was the 10th edition organized about 20km from Bangalore, There was a clear sky dotted by Indian flying-machines including fighters and helicopters displaying their air-prowess. The invitees were witness to breathtaking feats performed by aircrafts from the Indian Airforce. There were Sukhoi-30, Jaguar and Light Combat Aircraft Tejas.


 

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