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Aeroindia 2007
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Written by Cherian   
Thursday, 01 February 2007

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AeroIndia 2007 will be inaugrated on 07 Feb 2007 at 1030 hrs

The inaugration by Shri A K Antony, Hon'be Minister of Defence - Government of India, will be at Air Force Station, Yelahanka, Bangalore.

 This will be the 6th International aerospace and defence exhibition.Aero India has already established its credentials over the past decade. The show has built a sizeable brand equity in the aviation world and acts as a catalyst for the industry.

 Aero India 2007,  brings to the fore new exciting opportunities for the aviation and aerospace industry.Dedicated to global aerospace and aviation business activity - from suppliers to aircraft manufacturers; technology providers to services, it allows the aviation and aerospace industry to promote and showcase their products and services to an international professional business audience.This year, with the formulation of the partnership between FICCI and Farnborough International Ltd, the show will have a greater business focus and a well defined business to business objectives.

Business Oppertunities 

 India is among the top ten countries in terms of defence expenditure and third largest importer of defence hardware in the world. The budget estimate for the year 2006-2007 is US$ 20 Billion an increase of US$ 1.1 Billion over 2005-2006.

  Hindustan Aeronautics Limited (HAL) is among the top aerospace companies in the world. HAL is engaged in design, development, manufacture, maintenance and upgrade / modification of advanced combat aircrafts, trainers, commercial aircraft, helicopters, aero-engines, aircraft systems, equipment and avionics. HAL's current and pipeline projects include the Jaguar, Light Combat Aircraft (LCA), IJT, The Lakshya pilotless surveillance aircraft, Dorniers and Chetak Helicopter. For this HAL is looking out for long-term partners and plans to go beyond components and outsource entire systems such as wings, helicopters rotors etc.

 DPSUs and OFs have been outsourcing a portion of their requirements from the private sector to the tune of US$ 700 million. This spend will further increase specially since the Indian Defence Industry is determined to increase the participation of private players.

 
 

Last Updated ( Friday, 09 February 2007 )
 
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