Sign In / Register
Make This My Home Page | Feedback |RSS
You are here: IE »   Story

Eyeing mega deals, aviation firms flock to Aero India

  • Print
  • Mail This Article
  • Comments
  • Add to favorites
  • With India set to make commitments worth $10-billion over the next five years towards military modernisation in the aerospace sector alone, the sixth Aero India expo that began today kicked off with the dominant sentiment of what will shortly represent the country’s largest single defence purchase — 126 multirole fighters worth $7 billion.

    The show venue here was steadily ripped to shreds by the after-burning roar of the very fighters that compete for the contract. The American F-16 Fighting Falcon and F/A-18 Super Hornet, the Swedish JAS-39 Gripen and the Russian MiG-35 all displayed their skills this morning in front of those who control the country’s security establishment — the ministers, the chiefs and everyone in between. Two other contending fighters — the EU Eurofighter Typhoon and France’s Dassault Rafale — didn’t make an appearance.

    And armed now with a no-nonsense procurement policy that stipulates direct offsets (its rigidity is still a problem with contractors), co-production and a liberalised export licensing formula predicated on FDI, New Delhi has voluntarily elevated its objective from being a mere acquirer of weapon systems, to one that builds and sells them too.

    Ads by Google

    Defence Minister A K Antony, who declared the five-day show open, said, “We do not want to continue as buyer and seller and want to establish new relationship with other countries. We want to be involved in transfer of technology, design and development of weapon systems and this air show will help us to achieve our objective.”

    Apart from 126 fighters, India is actively in the aerospace market for 80 medium-lift helicopters for the IAF; 197 light high-altitude multirole helicopters for the army; 12 maritime multimission helicopters for the navy; 40 attack helicopters; 45 heavy-lift helicopters; 12 special forces transporters; an unspecified number of strategic lift transport aircraft and UAVs; anti-ship missiles; 12 carrier trainer aircraft; and air defence missiles.

    ... contd.

    Next12
    Comments
    Post comment

    Be the first to comment.

    Post a Comment
    Name:
    Email:
    Title:
    Maximum characters allowed     
    Comment:
    TERMS OF USE:
    The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
    I agree to the terms of use.