Lok Sabha Question No. 349 (STARRED), answered on 2023-03-24
Subject: Impact of Aero India Exhibition
Ministry: DEFENCE
Asked by: D. M. Kathir Anand

MINISTER OF DEFENCE

(a) to (e):  A statement is laid on the Table of the House.

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## GOVERNMENT OF INDIA MINISTRY OF DEFENCE

## DEPARTMENT OF DEFENCE PRODUCTION

## LOK SABHA STARRED QUESTION NO. 349

TO BE ANSWERED ON 24 th March, 2023

## IMPACT OF AERO INDIA EXHIBITION

## *349.  SHRI D.M. KATHIR ANAND:

- Will the Minister of DEFENCE be pleased to state: (a)  the outcome and positive impact of Aero India exhibition held recently at Bengaluru; (b)  the details of the Memoranda of Understanding (MoU) signed during the event; (c)  whether the Government has given several projects to one particular group of companies in the Defence Corridor projects; (d)  if so, the details thereof and the reasons therefor; and (e)  the details of different defence projects assigned to one group of companies during the
- last seven years along with their total value?

## A  N  S  W  E  R

(SHRI RAJNATH SINGH)

## STATEMENT  REFERRED  TO  IN  REPLY  TO  PARTS  (a)  to  (e)  OF  THE  LOK SABHA STARRED QUESTION No. 349 FOR ANSWER ON 24.03.2023 REGARDING 'IMPACT OF AERO INDIA EXHIBITION'.

(a):  The  14 th edition  of  Aero  India-2023  was  successfully  organised  by  the  Department  of Defence Production, Ministry of Defence, Government of India, from 13 th to  17 th February 2023 at Air Force Station, Yelahanka, Bengaluru.

The exhibition has been the largest since its inception in 1996 with participation of 104 Friendly Foreign Countries (FFCs) with 31 led at the Minister level and 809 exhibitors wherein  701  were  Indian  Exhibitors  and  108  were  Foreign  Exhibitors.  Aero  India-2023 witnessed a total of 7+ lakh visitors over the five days.  Two marquee events were organized during  Aero  India  2023  viz.  CEOs  Round-table  and  Defence  Ministers'  Conclave  namely, SPEED  (Shared  Prosperity  through  Enhanced  Engagement  in  Defence)  which  facilitated interactions with 75 CEOs  from the Global Top Aerospace and Defence  (A&D) manufacturing companies and leadership from 72 Friendly Foreign Countries, respectively. Aero India-23 showcased the expanse of indigenous A&D industry including MSMEs and Start-ups, India's reformed and reinvigorated ecosystem  for business through policy interventions,  promoted  collaborations  for  business  and  sought  investments  from  Foreign Original Equipment  Manufacturers  (FOEMs)  in  the  country.  India  has reiterated its willingness  to  partner  with  FFCs  in  the  A&D  sector  on  equal  terms  to  imbibe  niche technology.

(b):    A  concerted  effort  was  made  towards  forging  B2B  partnerships  at  the  'Bandhan' ceremony  and  266  such  partnerships  with  a  total  value  of  INR  75000+  crores  were formalised. The partnerships are a step towards increasing traction for business, Transfer of Technology  (ToT)  and  Joint  development  between  the  companies.  The  details  of  the Memorandum of Understanding (MoU) signed during the Aero India-23 are available on the Aero India-23 website aeroindia.gov.in.

(c):  No, Sir.

(d) & (e):  Do not arise.

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