201 MoUs, product launches and technology transfers concluded at Aero India 2021
Rajnath Singh on Atmanirbhar Bharat: A total of 201 MoUs, product launches and technology transfers were concluded on the last day of Aero India 2021 at Yehalanka, Bengaluru on Friday. These included the handing over of Advanced Light Helicopters MK-III to the Indian Navy and Indian Coast Guard (ICG).
Besides the formal handing Advanced Light Helicopters MK-III to Indian Navy, the product launches and technology transfers included the commencement of performance-based logistics of ICG fleet, initial operational clearance of Army version of Light Utility Helicopter etc.
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Meanwhile, the Defence Minister Rajnath Singh said that the Bandhan ceremony exemplifies the spirit of public-private partnership in defence and aerospace sectors. It has forged strategic ties that are poised to transform defence and aerospace manufacturing, he said, adding that 128 MoUs, 19 ToTs, 4 Handing Overs, 18 Product Launches and 32 major announcements were made at Aero India 2021.
He further said that Prime Minister Narendra Modi’s call for Atmanirbhar Bharat has pushed the country’s spirit of innovation and collaboration.
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The Defence Minister said the foundation of India’s vision rests on three pillars - Research and Development, Public and Private Defence Production and Defence Exports.
Furthermore, he mentioned initiatives to encourage and facilitate private sector Research and Development initiatives such as iDEX and Defence India Start-up Challenge (DISC).
Even as he recalled the innovations such as the combat drone display, a part of the swarm technology initiative, exhibited during the Army Day function on January 15, 2021, at New Delhi.
-PTC News
