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Rediff.com  » Business » Aero India underway, govt eyes outsourcing

Aero India underway, govt eyes outsourcing

Source: PTI
February 07, 2007 20:10 IST
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The Aero India 2007 international aerospace and defence exposition began today with India pitching itself as a global outsourcing destination offering competitive prices and a huge pool of skilled manpower.

Declaring open the sixth edition of the biennial exhibition at the Indian Air Force station at Yelahanka, Defence Minister A K Antony said with the advantage of global outsourcing now established, Indian defence industry has a lot to offer through its products and platforms, assemblies, sub-assemblies and components that are competitively priced.

"These companies can benefit from the large availability of skilled manpower," Antony told delegates of over 500 Indian and foreign companies attending the five-day event.

India is in the process of acquiring fresh capabilities for all three wings of its armed forces to optimise their operational effectiveness, he said.

"Our vision for the defence sector is to make it globally competitive and best in the business. At the same time, we want to ensure self-reliance in our defence preparedness," he said.

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