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Energising Indian Aerospace Industry: New Partnerships, New Opportunities |
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Written by Arjun
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Thursday, 25 October 2007 |
New Delhi: CII jointly with Centre for Air Power Studies and Indian Air Force is organising the second International Conference on “Energising Indian Aerospace Industry: New Partnerships, New Opportunities” on 25th-26th October in New Delhi.
Air Chief Marshal FH Major, Chief of the Air Staff, Indian Air Force; Air Commodore Jasjit Singh, Director, Centre for Air Power Studies; Mr. Baba Kalyani, CMD, Bharat Forge Ltd; Mr. Ashok Baweja, Chairman, Hindustan Aeronautics Ltd., and Mr. Atul Kirloskar, Chairman, CII National Committee on Defence and CMD, Kirloskar Oil Engines Ltd., will address the Inaugural session on 25th October at 0930 hrs.
Mr. K P Singh, Secretary, Defence Production, Ministry of Defence; Air Vice Marshal Kapil Kak, Additional Director, Centre for Air Power Studies; Dr. BVR Mohan Reddy, CMD, Infotech Enterprises Ltd. and Air Commodore Jasjit Singh, Director, Centre for Air Power Studies, will address the Valedictory session on 26th October at 1545 hrs.
Immediately after the inaugural session CII is signing MoU with GIFAS (French Aerospace Industries Association) to enhance bilateral cooperation in the area of defence / aerospace production.
The international conference would focus on: Trends in Aerospace Power; Address Techno-Industrial issues; Energising Aviation Industry in India and Building global Industry Partnerships.
Military aviation in the Armed Forces of India is undergoing a unique and seminal transformation. At the same time the military aerospace market in India is expected to absorb over $ 150 bn in the next two decades. Indian Air Force strategic reach has acquired transcontinental dimensions. At one level global defence industry has been undergoing unprecedented changes especially in the aerospace sectors, which by definition exists at the top rungs of technology, and at the same time involves high financial and technological investments. The Government have laid down an Offsets Policy and a comprehensive defence procurement procedure. Even at a 30% offsets level, foreign investments in defence areas alone would amount to over $ 50 billions in the next 20 years. |
