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Home Business

Make in India: To capitalise on emerging opportunities, Gujarat government has come out with defence & aerospace policy

MoS Defence Shripad Naik inaugurates two-day Defence Conclave 2020, Gujarat

by Navjeevan Express
6 years ago
in Business, Chambers of Commerce, Defence, Gujarat, National, Surat
Reading Time: 2 mins read
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Make in India: To capitalise on emerging opportunities, Gujarat government has come out with defence & aerospace policy

Defence Minister Rajnath Singh flags off K9-Vajra-T Gun from L&T’s Armoured System Complex (ASC), at the company’s Armoured System Complex Hazira, Gujarat. –File photo

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NE NEWS SERVICE
NEW DELHI, JUNE 25

Union Minister of State for Defence Shripad Naik has said that India has emerged as a key global power-driven by the impressive economic growth backed by its longstanding moral leadership on core humanitarian and geographical issues. To capitalise on the emerging opportunities and for providing a thrust to the defence sector in Gujarat, the state government had already come out with a Defence & Aerospace policy and defence manufacturing zones have been marked, Naik added.

Raksha Rajya Mantri Shri Shripad Naik inaugurated Defence Conclave 2020 #Gujarat. Said “Gujarat as a State wid excellent infrastructure facilities & can offer both forward and backward supply chain linkages to Defence & Aerospace manufacturing sector." https://t.co/Q8InWy8CQb https://t.co/Wq2run933b pic.twitter.com/myAaY17jAo

— PRO Defence Gujarat (@DefencePRO_Guj) June 25, 2020


He was addressing a two-day digital conference on the defence & aerospace manufacturing sector ‘Defence Conclave 2020, Gujarat’ via video-conferencing here on Thursday, which is being jointly organised by the Confederation of Indian Industry (CII) Gujarat and Society of Indian Defence Manufacturers (SIDM).
Shripad Naik said, “Strong defence capabilities would help the nation in safeguarding the prosperity generated over the last couple of decades and also protect key economic interests like trade routes and safety going forward. Focus on developing a strong domestic capability in defence would be a great economic growth impetus and also help in skilled job creation in manufacturing, a key need and priority for the nation.”
The MoS Defence emphasised that the huge opportunity and clear vision of Central Government for the defence sector today has attracted the attention of not only a few large players but also a large number of Micro, Small and Medium-sized enterprises, which visualise this unprecedented opportunity as a gateway towards entering into the domain of defence production.
He said, “The slowing down/ saturation of markets in other sectors has also been responsible for directing their interest towards the unexplored defence sector which promises sustained business opportunities. I have been informed that there are already over 8,000 plus MSMEs who serve this strategic sector as tiered vendors to Ordnance Factories and Defence Public Sector companies. There is a need to expand this base by hand-holding more and more MSMEs to participate.”
Pointing out the significance of Gujarat, Shripad Naik said, “Gujarat has emerged as a State with excellent infrastructure facilities and can offer both forward and backward supply chain linkages to the Defence and Aerospace manufacturing sector. The growth drivers for Gujarat include its vast coastline of 1,600 kilometres with well-connected ports, the MSME [Micro, Small and Medium Enterprises] engineering companies proving entire supply chain for the defence sector, premier educational institutes in management, engineering, design, R&D and infrastructure planning and world-class shipbuilding and repairing facility.”
He said that to capitalise on the emerging opportunities and for providing a thrust to the defence sector in Gujarat, the state government had already come out with a Defence & Aerospace policy and defence manufacturing zones have been marked.
The Conclave will bring together high-level government representatives, key industry and academia to discuss, deliberate and exchange ideas, viewpoints and knowledge about critical defence offset policies, sector analyses and review choices of technology available globally for the manufacturing and production of indigenous defence systems. The Conclave intends to build on the positives of the ‘Make in India’ vision of Prime Minister Narendra Modi for boosting the defence manufacturing.

Tags: 'Make in India'Confederation of Indian Industry (CII) Gujarat and Society of Indian Defence Manufacturers (SIDM).Defence & Aerospace policyDefence Conclave 2020GujaratPrime Minister Narendra ModiUnion Minister of State for Defence Shripad Naik
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