Over 1,000 companies, including more than 100 global firms, are expected to participate in the 12th edition of the DefExpo in Gujarat next month, officials said on Wednesday.
They also said around 55 countries have already confirmed their participation at the mega event and the number is set to go up in the next couple of weeks in view of relaxations in the COVID-19-related travel norms.
Gandhinagar in Gujarat will host the DefExpo, India's mega defence exhibition, from March 10-13.
Though the exhibition will be thrown open on March 10, the DefExpo will formally be inaugurated the next day.
The DefExpo will be spread over an area of one lakh square metres and it will be the largest one since its inception in 1996, the officials said.
"Over 900 companies, including over 100 foreign firms, have confirmed their participation. We expect the number to go beyond 1,000," said an official, adding, "We expect around 250 MoUs to be firmed up at the four-day event."
The officials said a show comprising 1,000 drones built by an Indian start-up is being organised to light up the Gandhinagar sky.
A thousand small drones produced by the same start-up, Botlab Dynamics, were also displayed at the Beating Retreat ceremony in January.
The officials said the main idea behind the four-day event will be to showcase how India's policy intervention actually led to a success story in defence manufacturing.
Over 50 delegations to be led by either defence ministers or service chiefs are expected to attend the DefExpo 2022, they said.
They said leading venture capitalists are being invited to the DefExpo to explore investments in defence start-ups and related initiatives.
The officials said the second edition of the India-Africa Defence Dialogue will also be held during the mega event and 27 African nations have confirmed their participation at the dialogue so far.
They said the participation by the exhibitors from the United States is the largest from abroad so far, while the Adani and Tata groups are expected to have the largest displays at the exhibition among the Indian firms.
The government is expected to highlight measures at the event to transform India into a hub of military manufacturing.
It has initiated a series of measures in the last couple of years to encourage the domestic defence industry.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)