Aero India 2023 Closes with 266 partnerships; Rs 8000 crores business

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Curtains came down on the five-day Aero India-2023, which also marked the big push to Prime Minister Narendra Modi’s ambitious call for ‘Self Reliant India’ and ‘Make in India’ in the aviation sector.

The biennial event which completed its 14th edition in Bengaluru witnessed the largest participation of the contingent from the United States of America for the first time ever in Aero India.

Aerobatics performed by the metal birds enthralled the onlookers who had gathered in huge numbers on the last day at the Yelahanka Air Force Station in the city. India’s indigenously developed Light Combat Aircraft Tejas, light combat helicopters and light utility helicopters developed by the Hindustan Aeronautics Limited were part of the show.

Besides, Rafale jets and Sukhoi aircrafts put up an impressive show during the event.
However, the most notable was the presence of F-35, B-1B Lancers, the F-16 and F-18 which too participated in the show.

Sorties by vintage aircrafts, aerobatics by Surya Kiran team of the IAF, which flew the Hawk aircrafts and Sarang (meaning peacock in Sanskrit) display team of the IAF using the HAL developed Dhruv helicopters left the audience spellbound.

The five-day event saw a number of seminars such as Manthan and Bandhan where deliberations were held on a range of subjects including India’s self-reliance programme, indigenous development of futuristic aerospace technology, India’s space initiatives, advancement in maritime surveillance system, investment opportunities in Karnataka.

There was a huge turnout at the exhibitions and displays by various companies during the show. The Hindustan Aeronautics Limited, Indian Space Research Organisation, Bharat Electronics Limited, Defence Research and Development Organisation were among those who put up their stalls.

As many as 266 partnerships including 201 MoUs, 53 major announcements and nine product launches were firmed up at the Aero India that could unlock business potentials worth around Rs 80,000 crore. The MoUs included one between Hindustan Aeronautics and Safran Helicopter Engines of France for work share for formation of joint venture for design, development, manufacture and life time support of helicopter engines.

The agreements and the MoUs were formally signed at an event titled “Bandhan” ceremony that was attended by Defence Minister Rajnath Singh, top leaders of Indian defence industries and senior military officials.

“The Bandhan ceremony also witnessed the forging of 266 partnerships including 201 MoUs, 53 major announcements, nine product launches and three Transfers of Technology (ToT), worth around Rs 80,000 crore,” the defence ministry said in a statement.

The Bharat Electronics Ltd and Aeronautical Development Agency also inked an MoU for the Advanced Medium Combat Aircraft (AMCA). The product launches at Aero India included the vertically launched short range surface-to-air missile (Bharat Dynamics Ltd).

It is a next-generation, ship-based, all-weather, air defence weapon which can be used by the Navy as a quick reaction defence against supersonic sea skimming targets such as aircraft and Unmanned Aerial Vehicles. The missile has a smokeless propulsion system with all-weather capability. It has a highly agile configuration with state-of-the-art electronic counter-measures features.

Another significant product launch was of the semi-active laser seeker based anti-tank guided missile developed by Bharat Dynamics Limited. The missile weighs 23 kgs with the launch tube, and can be used in different kinds of terrains to incapacitate moving and stationary targets such as tanks and infantry combat vehicles.

Another major landmark at the Aero India 2023 was the participation by Israel this year which marked 30 years of Indo-Israel defence collaboration. SIBAT, the International Defence Collaboration Directorate of the Israel Ministry of Defence, is in charge of fostering defence cooperation between Israel and India. The show saw the demonstration of some defence technologies developed by Israel including Air Defence Systems, Unmanned Aerial Systems (UAS), Aerial and Ground Precise Guided Munitions, Electronic Warfare (EW) Systems, Land and Naval Solutions, Avionic Systems, Air and Missile Defence Systems.

In a major boost to indigenous defence industry, the CMD of Munitions India Limited, Ravi Kant said that the company has got orders for more than 10 lakh multi-mode grenades for Indian armed forces and over Rs 3,000 crores of orders for exports.

The 14th edition of Aero India at the Yelahanka Air Force station complex on the outskirts of Bengaluru was inaugurated by Prime Minister Narendra Modi on 13 february and it saw participation of over 700 defence firms and representatives of around 100 countries.

The defence minister said that Aero India showcased to the world the ‘New Defence Sector’ of ‘New India’, which has not only grown in the last few years, but is now fully ready to walk alongside the defence sectors of leading countries.