Rajnath inaugurates “Invest for Defence” on October 20th

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New Delhi: Invest for Defence, the Department of Defense’s first-ever marquee event to promote investment in the defense sector, will be opened by Union Defense Secretary Rajnath Singh on October 20 during the 12th edition of DefExpo.

The event aims to encourage investment in the country’s defense sector from both Indian industry and foreign OEMs, the defense ministry said in a statement on Thursday.

Event to highlight government reforms in the defense sector

The event will highlight the needs of the armed forces and the policy reforms implemented by the government to facilitate doing business in the defense sector. It offers the opportunities and benefits for industry to invest in the sector and thus help maximize domestic production, the statement said.

The event is expected to attract the participation of major industry names, both Indian and foreign OEMs, such as L&T, Adani Defence, Bharat Forge, Saab, Airbus, Lockheed Martin, etc., in addition to the participation of domestic and foreign institutional investors and companies. capitalists, she added.

Panel discussion with industry experts

The event will feature a panel discussion between industry representatives and senior DoD and Armed Forces leaders.

The discussion will be followed by a Q&A session where attendees will be able to pose questions to the high profile panelists. The target audience of the event are industry representatives, including representatives of MSMEs and start-ups, policy makers and enthusiasts in the defense sector, the Ministry of Defense added.



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