New Delhi: Union Defence Minister Rajnath Singh chaired a round table conference on ‘Defence Expo 2020,’ which is going to be held from February 5 to February 8 in Lucknow. The conference was organised by the Ministry of Defence on Monday in New Delhi. Minister of State for Defence Shripad Naik, Secretary (Defence Production) Subhash Chandra and other senior officials of the Ministry of Defence were present in this round table conference.
The conference was aimed at briefing the representatives of foreign missions based in New Delhi about the arrangements being made for ‘Defence Expo 2020’ and elicit suggestions from them to further improve the experience, a press release from the Ministry of Defence said.
“We have achieved an export turnover of around Rs 10,700 crore in 2018-19, with the target of this year pegged at Rs 15,000 crore”: Rajnath Singh
Addressing the conference, Defence Minister said, the Defence Expo 2020 will not only provide countries with the opportunity to showcase their equipment and platforms, but will also enable them to explore the strengths and capabilities of India’s defence industry for meeting operational goals.
Singh said that due to the policy reforms undertaken by the government, defence production in both public and private sectors reached a record volume of Rs 80,502 crores in 2018-19. He set the target of Rs 90,000 crore for 2019-20. “We have achieved an export turnover of around Rs 10,700 crore in 2018-19, with the target of this year pegged at Rs 15,000 crore,” he added.
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