As the big event of the Def Expo 2022 unfolds from March 10 to 13, 2022 at Gandhinagar, the greenest capital city in entire Asia, it is worth asking: “Are we getting the ‘bang for the buck’?”
Draft Defence Procurement and Export promotion Policy or DPEPP promulgated by the Ministry of Defence (MoD) on August 3 2020 talked big on Defence Expos as a main facilitation vehicle in finding new customers and new areas of pushing up defence exports.
The above policy identified the twin events, namely, the Defence Expo and Aero India, to be positioned as major global events for showcasing India’s expertise and capabilities in the defence manufacturing sector to the potential buyer countries for securing export orders.
Is it happening in the Def Expos/ Aero India events gone by? Are we getting the bang for the buck in converting the huge funds spent on such events into substantial export orders? The answer to this poser in the sense of the author is ‘No’. In diluted words- far less than desired. Some hard facts are as under:
1. DPEPP envisioned an export target of $5 billion (Rs 35000 crore) by the year 2025.
2. The total defence exports for the FY 2019-20 were only Rs 9115.55 crore. This further dropped to Rs 8434.84 crore in the FY 2020-21, mainly due to Covid blues.
3. At this rate of growth, we can at best hope to reach 30-40 percent of the target by 2025.
While the above is the dark part of the story, the bright part is also getting to become visible. Some salient details are enumerated as follows:
この記事は Geopolitics の March 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Geopolitics の March 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
THE NEW WAVE OF MARINE LANDING CRAFT.
BAE Systems' new Littoral Strike Craft combines advanced stealth, comfort, and modularity to redefine modern amphibious mission capabilities.
PROVEN AIP FOR S80 SUBMARINES
The BEST AIP system is capable of operating at any depth and in all operational conditions, allowing it to adapt to any Navy mission and making it the most advanced AIP system on the market.
SHAPING THE FUTURE OF AI SECURE, SCALABLE, AND INNOVATIVE
Tardid leverages modular AI designs, robust cybersecurity, and adaptability to deliver secure and scalable solutions, integrating emerging technologies and refining strategies through realworld deployments, shares AASTHA VERMA, Chief Operating Officer, Tardid Technologies, with Geopolitics
TOT-AN IMPERATIVE FOR SUBMARINE MANUFACTURING
India's transition from offset strategies to fostering self-reliance through technology transfer (TOT) and local assembly highlights the significance of global collaborations like thyssenkrupp Marine Systems in shaping a robust, indigenised defence ecosystem, a perspective shared by KHALIL RAHMAN, CEO, thyssenkrupp Marine Systems India.
ENHANCING INDIAN NAVAL AVIATION
JYOTI SINGH reports how a powerful Indian naval air arm will prove to be the biggest seabased conventional level deterrence, both for the tactical and strategic battlefields
PROJECT-751-30 YEARS ON
India's ambitious Project-751, aimed at procuring six advanced submarines, remains stalled nearly three decades after its inception.
WINGS OVER THE OCEAN
Indian Naval Aviation is dramatically upgrading its combat potency with its latest inductions, writes Atul Chandra
HOW INDIA IS RESHAPING REGIONAL DETERRENCE, MARITIME DOMINANCE
In the theatre of modern geopolitics, control over the seas is synonymous with strategic dominance. With its vast coastline and critical position in the Indo-Pacific, India has always recognised the importance of maritime strength, outlines GIRISH LINGANNA
BUILDERS NAVY
The Indian Navy's modernisation efforts are picking up steam, with domestic shipyards running at full capacity, reports MIKE RAJKUMAR
THE NAVY'S NEED FOR SUBMARINES
While aircraft carriers have their place, submarines provide India with a more flexible, cost-effective, and survivable option for projecting power and maintaining deterrence in a complex and evolving strategic environment, argues AMIT GUPTA
