New Delhi: India is positioning itself as a hub for aircraft maintenance, repair and overhaul activities, according to a senior Defence Ministry official, who proposed a collaboration with Malaysia in this sector.
Joint Secretary, Defence Industries Production (DIP) in Defence Ministry Anurag Bajpai made the comments at a webinar on ‘Indian Defence Industry Global Outreach for Collaborative Partnership’, held jointly with the Malaysian counterpart yesterday.
The webinar and expo between India and Malaysia was part of the series of webinars being organised with friendly foreign countries to boost defence exports and achieve the defence export target of US $5 billion by 2025, the Ministry of Defence said in a statement.
It was organised under the aegis of Department of Defence Production, Ministry of Defence through Society of Indian Defence Manufacturers (SIDM), it said.
Joint Secretary, Defence Industries Production (DIP), Ministry of Defence Anurag Bajpai and other senior officials from both countries participated in the webinar.
In his address, the Joint Secretary (DIP) highlighted that Indian defence products are of global standards and extremely cost-effective.
“India has a robust shipbuilding industry with an ecosystem of world-class public and private shipbuilding companies,” he said.
He emphasised that India is positioning itself as a hub for aircraft maintenance, repair & overhaul activities and both countries may collaborate in this sector.
A knowledge paper prepared by SIDM-KPMG was also released during the webinar.
Nine Indian companies, including Bharat Electronics Limited, Hindustan Aeronautics Limited, Garden Reach Shipbuilders & Engineers, L&T Defence and Bharat Forge Limited, gave presentations on major defence platforms and products.
From the Malaysian side, Aerospace Technology Systems Corporation, AMP Corporation, DEFTECH Unmanned Systems and Innopeak SDN BHD made company presentations.
The webinar was attended by more than 150 delegates. More than 100 virtual exhibition stalls were set up.
