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India exploring joint manufacturing of defence equipment,
military deals at show
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Russian Su-57 and US F-35 fighter jets on display
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India has been increasing defence purchases from Western
countries
By Shivam Patel and Abhijith Ganapavaram
BENGALURU, Feb 10 (Reuters) - India is committed to
boosting manufacturing and exports of defence equipment in the
coming years, Defence Minister Rajnath Singh said on Monday at
the opening of the country's biggest air show, where its
military ambitions will be in focus.
India, the world's largest arms importer, has stressed the
need to modernise its military and boost domestic defence
production to counter rival China's growing military strength
and influence in South Asia.
India's domestic defence manufacturing value will reach more
than 1.25 trillion rupees ($14.24 billion) in the fiscal year
ending in March, while its defence exports will cross a record
210 billion rupees for the first time over the same period,
Singh said.
"We are fully committed to significantly increase these
numbers in the coming years," he said at the show, which kicked
off with the country's fighter jets flying past in formations
across a clear sky.
New Delhi aims to explore possible joint production of
defence equipment and to scout for billions of dollars worth of
military deals at the biennial Aero India aerospace exhibition
that began on Monday in the southern city of Bengaluru.
More than 150 foreign companies are participating in the
event that runs through Friday, while defence ministers or
representatives from about 30 countries were expected to arrive,
according to India's defence ministry.
Two Russian and U.S. fifth-generation advanced stealth
fighter jets will also be displayed at the event - the Russian
Su-57 and Lockheed Martin's ( LMT ) F-35 Lightning II, the
defence ministry said.
"The inclusion of both the Su-57 and F-35 highlights India's
position as a key hub for international defence and aerospace
collaboration," the ministry said. "Aero India 2025 will provide
a rare side-by-side comparison of Eastern and Western
fifth-generation fighter technology".
Over the past decade, India has steadily increased defence
acquisitions from Western nations to diversify its supplies
after traditional defence partner Russia was hobbled by the war
in Ukraine.
The U.S. embassy in India said more than two dozen American
exhibitors will engage Indian counterparts and explore new
business opportunities at the event.