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Aero India 2023 Highlights: Aero India witnesses 266 partnerships having potential to unlock business worth around Rs 80,000 crore

Aero India 2023 Highlights: As many as 266 partnerships including 201 MoUs, 53 major announcements and nine product launches were firmed up at the Aero-India that could unlock business potentials worth around Rs 80,000 crore. The MoUs included one between Hindustan Aeronautics Limited and Safran Helicopter Engines of France for work share for formation of joint venture for design, development, manufacture and life time support of helicopter engines.

February 15, 2023 / 19:03 IST
  • A Flying Display commenced at noon, while the exhibition by various companies and organisations that are associated with the Defence Sector and aerospace will continue further in the second day of this aero show. Image Credits: Reuters
    Moneycontrol.com
  • February 15, 2023 / 19:03 IST

    The live blog session has concluded. For more news, views and updates, stay tuned with Moneycontrol.com.

  • February 15, 2023 / 18:43 IST

    Defence Secretary holds talks with several defence delegations at Aero India 2023

    DefenceSecretaryGiridharAramanemet a number ofdefencedelegations including Brazil,Myanmar,Mauritius, andRepublic of Bulgaria, on the sidelines of Aero India 2023

      

 DefenceSecretaryGiridharAramanemet a number ofdefencedelegations including Brazil,Myanmar,Mauritius, andRepublic of Bulgaria, on the sidelines of Aero India 2023
  • February 15, 2023 / 18:15 IST

    U.S. defence major Lockheed Martin showcasing its F-21 fighter jet, Javelin weapon system at Aero India2023

  • February 15, 2023 / 17:52 IST

    India's aerospace & defence capabilities were at full display at Aero India 2023: Tejasvi Surya

    "25% of India's air/spacecraft industry is in Karnataka. 67% of aircraft & helicopter mnfg. for defence & 65% of aerospace exports is done from Karnataka. #AeroIndia2023 is a redefining moment for India as it enters #AmritKaal with vision of #Atmanirbharta" tweeted BJYM National President Tejasvi Surya

      

 "25% of India's air/spacecraft industry is in Karnataka. 67% of aircraft & helicopter mnfg. for defence & 65% of aerospace exports is done from Karnataka. #AeroIndia2023 is a redefining moment for India as it enters #AmritKaal with vision of #Atmanirbharta" tweeted BJYM National President Tejasvi Surya
  • February 15, 2023 / 17:36 IST

    Indian Air Force (IAF) Suryakiran aerobatic team performs during the AeroIndia 2023 air show at Yelahanka air base

  • February 15, 2023 / 17:22 IST

    UK govt asserts commitment to Atmanirbhar Bharat

    The UK government said its defence sector was deployed in force at Aero India 2023, India's premier air show being held in Bengaluru, with an ambition to not only 'Make in India,' but also 'Create in India'

  • February 15, 2023 / 17:05 IST

    Historic debut of F-35 at Aero India 2023

    US Air Force's newest fifth - generation fighters – the F-35A Lightning II and F-35A Joint Strike Fighter are here for the first time to take part in Aero India-2023

      

 US Air Force's newest fifth - generation fighters – the F-35A Lightning II and F-35A Joint Strike Fighter are here for the first time to take part in Aero India-2023
  • February 15, 2023 / 16:50 IST

    Manufacturing Cutting edge Products Need of the Hour to Attain 'Atmanirbharta': Defence Minister Rajnath Singh

  • February 15, 2023 / 16:36 IST

    Aero India witnesses 266 partnerships having potential to unlock business worth around Rs 80,000 crore

    As many as 266 partnerships including 201 MoUs, 53 major announcements and nine product launches were firmed up at the Aero-India that could unlock business potentials worth around Rs 80,000 crore. The MoUs included one between Hindustan Aeronautics Limited and Safran Helicopter Engines of France for work share for formation of joint venture for design, development, manufacture and life time support of helicopter engines.

  • February 15, 2023 / 16:16 IST

    'Design our Destiny' should be our new mantra, says Defence Minister

    Defence Minister Rajnath Singh on Wednesday expressed confidence that India will soon be among the leading countries in the field of innovation and emerge as the "light house" to the entire world. Speaking after inaugurating the annual defence innovation event 'Manthan' during the Aero India here, he said, if we want to bring the next generation industrial revolution, then we should either do new things, or try to do the existing things in a new way.

  • February 15, 2023 / 15:49 IST

    75% of defence capital procurement budget earmarked for the domestic industry in FY 2023-24: Rajnath Singh 

    Record 75% (Appx. Rs 1 Lakh Cr) of defence capital procurement budget has been earmarked for domestic industry in Financial Year 2023-24 up from 68% in 2022-23.

  • February 15, 2023 / 15:36 IST

    Aero India 2023: Indian Army to test jetpack suit designed by Bengaluru startup

    Jetpack suit, displayed at the Aero India Show 2023, manufactured by a Bengaluru-based startup has caught the attention for its uniqueness and is in the reckoning for the contract by the armed forces.The Indian armed forces have placed a Request for Proposal (RFP) for procurement of 48 jet suits on trial basis. If they pass the test, the Army would initiate large scale procurement, the sources said. Manufactured by Absolute Composite Private Limited, based in Bengaluru, the jetpack suit has used five engines, including the turbo engine in the back.

  • February 15, 2023 / 15:20 IST

    Aero India 2023: Russia delivers new MiG-29K fighter aircraft offer to India at Aero India 2023

    The Russian-made MiG-29K and MiG-29KUB multirole fighters are part of an air wing of fighter aircraft aboard India’s indigenous Vikrant aircraft carrier. The carrier’s air wing is set to eventually operate indigenous naval aircraft based on India’s Tejas fighter. In addition, India intends to purchase Western-made deck-based aircraft: New Delhi is currently choosing between Rafale aircraft offered by the French firm Dassault Aviation and F-18 jets produced by the US-based Boeing Company.

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