India’s biggest ever land, naval and homeland security exhibition, that will see participation of at least 1,000 companies from across the world, will begin in Goa tomorrow, the first time it is being held outside the national capital.
The ninth edition of Defexpo India, a biennial exhibition, will be held from from March 28-31 at Naqueri Quitol in South Goa and will be inaugurated by Defence Minister Manohar Parrikar.
Top companies from across continents will showcase their products catering to not just one of the largest arms market India but also to other countries in the region.
Also showcasing their products will be a large number of domestic companies, especially small and medium scale enterprises.
India is among a handful of countries in the world with indigenous capabilities in the defence field such as multi-level strategic deterrence, ballistic missile defence, nuclear powered submarines, main battle tank, stealth destroyers, aircraft carriers and 4th generation fighter aircraft.
With changes in government policies on defence acquisition and ‘Make in India’ campaign, considerable impetus is being given to indigenisation in the defence sector.
The exhibition would also try and project India as an attractive destination for investment in defence sector.
The event provides a platform for forging alliances and joint ventures in the defence industry.
“The event also provides an excellent opportunity to the Indian Defence Public Sector Undertakings (DPSUs), private sector and other defence-related industries to demonstrate their capability to design, develop and deliver a wide range of military and civil products/services,” a statement released by the Defence Ministry said.
In all, at least 1,000 companies both Indian and foreign, are taking part in the exhibition this year, which is over one-and-a-half-times more than that in Defexpo 2014.
With a total of 510 companies, participation by Indian entities has doubled from 2014 when 256 firms had taken part in the event.
A total number of 490 foreign companies are participating this year, up from the 368 in 2014.
Around 950 delegations as against 511 in 2014 are expected to visit the exhibition this year providing great synergy in business to business (B2B) activities in a short span of four days.
A total of 204 official delegations from 44 countries and around 750 non-official business delegations are attending the show.
The net area sold in this edition is 40,725 sqm against 27,515 sqm in 2014.
The gross area of exhibition has increased over three folds to 1,50,000 sqm as against 45,000 sqm in 2014.
Till now the exhibition used to be held in Pragati Maidan in Delhi but it has been moved to Goa this time because of lack of space.
Amid protests by some groups against the exhibition being held in Goa, the Defence Ministry statement said, “Care is being taken to preserve the ecology of the site”.