The biggest ever Defence Expo came to a conclusion in the ‘city of nawabs’ on February 9, 2020. As many as 172 companies from abroad, including the United States of America, Israel, Russia, France, South Korea and Ukraine, put up their capabilities on display, participated in different seminars and entered into various agreements. The first-ever Indian- African Defence Ministers’ conclave also took place during the event, which led to the signing of the ‘Lucknow Declaration’.
Speaking at one of the sessions, Defence Minister Rajnath Singh said, “This event has shown that the new India is ready to move forward with the major powers of the world. Following the unprecedented success of this year’s DefExpo, we will be able to achieve the $5 trillion target by 2024”. Uttar Pradesh Chief Minister Yogi Adityanath termed DefExpo as ‘Maha-Kumbh’ of defence equipment manufacturers and projected the state as the next defence production hub in India. He hailed 23 MoUs signed by the state government that will pave the way for investment of ₹50,000 crore and generate 3 lakh job opportunities for the youth. The Chief Minister further said that in the last two years, the state government along with the Union Defence Ministry had organized events related to the proposed defence corridor and formulated a defence and aerospace policy.
An MoU was signed between the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) and the Defence Research and Development Organisation (DRDO) for providing technology support for Uttar Pradesh Defence Industrial Corridor.
The largest event of its kind
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