Prime Minister Narendra Modi on Monday inaugurated the 14th edition of Aero India at the Yelahanka Air Force Station complex on the outskirts of Bengaluru. The Prime Minister showcased the country as an attractive destination for investment in the defense manufacturing sector, and said it would be poised to become one of the leading exporters of military hardware globally.
India is about to sign 75,000 crores defense deals At the biennial five-day event, it is the largest ever, as its airlines seek to ramp up jetliner purchases to meet civilian demand and encourage global aircraft manufacturers to produce locally, primarily through partnerships. pressures to do.
Here are 10 top quotes from PM Narendra Modi’s speech
1. India has transformed its defense sector in the last 8 to 9 years. We consider this to be just the beginning. The country is looking to triple annual defense exports to over $5 billion by 2024/25 from $1.5 billion at present as it looks to ramp up domestic manufacturing and join the ranks of defence-producing nations.
2. Today India is not just a market for defense companies, it is also a potential defense partner. I call upon the Indian private sector to invest more and more in the country’s defense sector.
3. India, one of the world’s largest importers of defense equipment for decades, now exports to 75 countries. Our technology is cost effective as well as reliable with honest intention.
4. Tejas fighter aircraft, the indigenously developed INS Vikrant and the helicopter factory at Tumakuru are examples of the strength of Make in India.
5. India of the 21st century will neither miss any opportunity nor shy away from working hard to achieve its dreams. Today’s India thinks fast and far and takes quick decisions and the India of Amrit Kaal is marching ahead like a fighter pilot, not afraid to touch the heights and eager to fly high.
6. When a country moves forward with new thinking and new approach, then its systems also start changing with new thinking.
7. The deafening roar of Aero India also echoes India’s reform, performance and transformation. The reforms made in India in the direction of Ease-of-Doing-Business are being discussed all over the world today and India has taken several steps to create an environment conducive to global investment and Indian innovation.
8. India’s successes are proof of its possibilities and potential and he said that the Tejas aircraft thundering in the sky is a proof of the success of ‘Make in India’. The new India of the 21st century will neither miss any opportunity nor leave any stone unturned in its hard work. We are gearing up.
9. There was a time when Aero India was considered a window of defense show in India, but over the years, the event has evolved into a reflection of India’s strength and focus on its defense sector.
10. This event will create new opportunities in the field of aerospace and defence. New possibilities will arise for the youth of Karnataka. This year’s event broke all previous records and saw participation from all levels including MSMEs, Indian startups as well as established companies from across the world and true to the theme of Aero India – The Runway to a Billion Opportunities – being done.
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