PRIME MINISTER NARENDRA Modi will inaugurate on Monday India's biennial aerospace exhibition, 'Aero India', that will showcase the country as an emerging hub for manufacturing of military aircraft, helicopters, equipment and new-age avionics.
The five-day exhibition at the Yalahanka Air Force station complex on the outskirts of Bengaluru will see the participation of 809 defence companies and delegates from 98 countries, officials said.
Addressing a press conference, defence minister Rajnath Singh said Aero India will highlight the country's manufacturing prowess and the progress achieved towards realising 'Aatmanirbhar Bharat' (self-reliant India) as envisioned by Prime Minister Modi.
The event will significantly contribute to the development of the aerospace and aviation sector, he said.
Officials said around 250 business-to-business agreements are expected to be firmed up at the Aero India which is estimated to unlock investment to the tune of around 75,000 crore.
The 14th edition of Aero India, with the theme 'The runway to a billion opportunities', will radiate the rise of a strong and self-reliant 'New India' by displaying the country's growth in aerospace and defence capabilities, they said.
The focus will be on displaying indigenous equipment and technologies and forging partnerships with foreign companies, in line with the 'Make in India, Make for the World' vision of the government.
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