Since its inception in 1996, Bengaluru has been hosting the biennial event.
Airbus said in a press release that it will display scale models of C295 medium transport aircraft and A330 multi-role tanker transport aircraft at Aero India 2021.
The aerospace giant mentioned it will also display scale models of H225M multi role helicopter and AS565MBe Panther helicopter.
At the exhibition, a section will be dedicated to highlight Airbus' strategic local industrial partnerships focused on developing a sustainable aerospace ecosystem in the country.
India is one the largest importers of arms globally. According to estimates, the Indian armed forces are projected to spend around USD 130 billion in capital procurement in the next five years.
However, the government now wants to reduce dependence on imported military platforms and it has decided to support the domestic defence manufacturing.
The defence ministry has already set a goal of a turnover of USD 25 billion (Rs 1.75 lakh crore) in defence manufacturing in the next five years that include an export target of USD 5 billion (Rs 35,000 crore) worth of military hardware.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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