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Defexpo 2010 witnesses 50 pc surge in participants
Defexpo 2010, the land and naval defence systems
exhibition was held in Pragati Maidan Exhibition Ground,
New Delhi, India from February 15-18, 2010.
The sixth edition of Defexpo showed a substantial
growth in exhibitor participation, reflecting the
importance and stature of India both as a manufacturer
and as a market for defense products.
This year's edition of Defexpo is the sixth in the
series of India's Land and Naval Systems Exposition
being organized biennially by the Ministry of Defence
since 1999. The event has gone from strength to
strength. This year, the participation of companies has
increased by 50 per cent compared to last year. There
were 38 official delegations, including 14 ministerial
delegations.
The government is committed to the rapid
modernization of the Armed Forces and to achieve a high
level of indigenisation in defence. Defence Equipment
Procurement Procedures are being made transparent and
the recent introduction of "Buy & Make (Indian)"
category in Defence Procurement Procedures aims at
encouraging the participation of the Indian private
industry in defence acquisitions.
Offset banking is now a part of Defence Offset policy
and the licensing conditions have also been
rationalized. Necessary administrative structures have
been put in place in the Ministry of Defence to
facilitate offset banking.
The Indian defence industry has evolved and has
developed capabilities in land, naval and air systems.
After the introduction of defence Offset Policy, India
is gradually becoming a key outsourcing hub for the
global defence industry.
Defexpo India 2010 is an endeavour to showcase
India's capabilities in land and naval systems, as well
as its emergence as an attractive destination for
investment in defence sector. The Defexpo will also
showcase our ability to design, develop and deliver a
wide range of military and civil products and services
to meet stringent specifications at competitive prices. |