Aero India 2021 Concludes; 201 MoUs Signed
President of India Shri Ram Nath Kovind along with the First Lady Smt Savita Kovind attended the valedictory function of the mega three-day international event Aero India 2021 on February 05, 2021 in Bengaluru.
Key Takeaways from Aero India 2021
- The show concluded with signing of 201 Memoranda of Understanding (MoU), product launches and technology transfers at the Bandhan ceremony held on the concluding day to provide further impetus to the aerospace and defence industry of the country.
- Over 600 exhibitors attended physically while 108 in virtual mode.
- Around 3,000 Business-2-Business meetings were conducted
- Conclave of Defence Ministers of Indian Ocean Region (IOR)
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- Theme: ‘Enhanced Peace, Security and Cooperation in the Indian Ocean’.
- The first ever IOR Defence Ministers’ Conclave was attended by ministers and delegates from 26 IOR countries.
- A conclave of Chiefs of Air Staff was also organised to pursue the objectives of collaborative security for the region and beyond.
- The 6th India-Russia Military Industrial Conference, iDEX ‘Start-up Manthan’ were also held.
- Aero India 2021 would help in achieving the target set by the ministry to achieve a turnover of Rs 1,75,000 crore, including exports of Rs 35,000 crore in aerospace and defence goods & services by the year 2024.