He further added that Aero India is one of the major exhibitions for aerospace and defence industries.
The Defence Minister said that the country has a large pool of technically qualified human resources for developing defence manufacturing hubs.
"With Aero India 2021, the Central government intends to make India one of the five leading countries in the aircraft and spacecraft industry. Besides, the Aero India show can also be utilised for government-to-government discussions," Singh said.
Apart from this, the defence industry and research organisations can also exploit the opportunities by participating in the event, he said.
Singh claimed that numerous government reform measures such as increasing FDI to 74 per cent through automatic routes in the defence sector could prove to be a step forward in achieving the goals.
(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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