AERO INDIA – 2021: ROUND TABLE VIRTUAL CONFERENCE

ROUND TABLE VIRTUAL CONFERENCE ON AERO INDIA – 2021

Bengaluru, October 07 :.
Chief Minister B.S.Yediyurappa participated in the Ambassador’s Round Table virtual summit regarding the 13th edition of the Aero India 2021, chaired by Rajnath Singh, Union Minister for Defence here today.

The Chief Minister said that Karnataka has been the host State for the last 12 editions of Aero India in the past and it is a proud moment for having been chosen again as the venue for the upcoming 13th edition of Aero India-2021 scheduled to be held from 3rd to 07th February 2021.
It is indeed a unique challenge to Govt. of Karnataka and Ministry of Defence, Govt. of India to host this event during the time when the entire world is reeling under the global pandemic of COVID-19, he said.
The CM said that soon after the launch of the Aero India-2021 Website for booking of spaces at the venue, there has been a tremendous positive response with almost 90% of the space being provisionally booked/blocked.

The Government of Karnataka has adopted various pro-active measures for containing the Pandemic and is also ensuring a pandemic free environment to host the Aero India-2021, he said.

The SOPs are being formulated in order to ensure the safety of International Delegates, participating dignitaries and the general public with strict adherence to the norms of thermal screening, sanitization and social distancing to be observed at all locations inside and outside the venue, the Chief Minister said.

The State of Karnataka has prominent space in the Aerospace and Defence Map of the Country catering to nearly 25% of the India’s Aircraft and Spacecraft Industry.
Karnataka also contributes nearly 65% of the country’s Aerospace related exports. 67% of the Helicopter and Aircrafts manufacturing for Defence Services is done in Karnataka. Karnataka is also the first State in the Country to formulate a dedicated Aerospace Policy he explained.
Strategic Defence major PSUs like HAL, BEML and BEL are situated in Bengaluru. Karnataka is geographically well positioned at the crux of Aero Space and Defence eco-system which includes India’s 1st private Aerospace SEZ in Belagavi District of Karnataka; a thousand acre Aerospace Park at Devanahalli adjacent to Kempegowda International Airport; MRO at Kempegowda International Airport; and a Defence Production Cluster near HAL Helicopter unit in Tumkur District. Multiple financial incentives have also been announced under the New Industrial Policy of Karnataka to create favourable environment for the investors, he said.
Govt. of Karnataka is also providing a 1.5 million Dollar subsidy to anchor industries and special incentives for MRO and Regional Civil Aviation facilities. Karnataka in general and Bengaluru in specific are the most prominent destinations for Global Investors in the Aerospace and Defence sector.
The Chief Minister said that the best possible preparations and precautions are being taken for the smooth conduct of the event.

Rajanath Singh invites the world to India for Asia’s Largest Aero Show :
Rajnath Singh, Union Minister for Defence, addressing the gathering said that Aero India 2021 aligns with India’s vision to be among the top five countries of the world in defence and aerospace industries with active participation of public and private sector.

He said that India intends to strengthen the defence system for peace. India is one of the largest defence manufacturing sector. Due to the latest defence policy we have enabled aerospace industries from design to production. 2021’s Aero India aims towards making India self reliant in defence production. It is one of the major exhibition for aerospace and defence industries with a public air show. He said that India has highly technically qualified human resources for developing defence manufacturing hub. Through the Aero India 2021, we intend to make India one among the five leading countries in Aircraft and spacecraft industry, he briefed.
The Aero India 2021 can also be utilized for Government to Government level discussions to express concerns and challenges encountered and also the defence industry and research organisations can exploit the opportunities: by participating in the event, he said.
The Defence Minister said that numerous Government reforms such as increase in FDI to 74% through automatic routes. The defence acquisition procedure 2020, revised offset guidelines to promote investment in India for co-development and co production and export promotion policy 2020 during the preceding pandemic months to steer the vision as also for ease of business.

Sripad Yesso Naik, Defence Minister for StateT.M.Vijayabhaskar, Chief Secretary to Government of Karnataka, Dr. E.V.Ramanareddy, ACS to Chief Minister and other officers were present in the meeting.

City Today News

(citytoday.media)

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