Conference on Defence Manufacturing Technologies and Aerospace inaugurated

On July 15, 2020, the Union Minister of State for Defence Shri Shripad Naik inaugurated the conference on Defence Manufacturing Technologies and Aerospace.

Highlights

The conference is being held to promote Atma Nirbhar Bharat Abhiyan and Make in India initiative. The conference is held under the theme

Theme: Empowering India with Atma Nirbhar Bharat Mission

The event was jointly organized by Tamil Nadu Technology Development Promotion Centre, Confederation of Indian Industry and Society of Indian Defence Manufacturers

Significance

The conference will help India achieve its defence target of 26 billion USD of domestic production by 2025.

Background

The Defence industry in the country has grown at 9.7% between 2008 and 2016. Currently, the defence industry is of 42.83 billion USD in 2017-18. It is estimated to reach around 70 billion USD by 2030.

Why Tamil Nadu?

The Technology promotion centre of Tamil Nadu participated as one of the two defence industrial corridors of the country is located in the state. The other is located in Uttar Pradesh.

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