Wednesday, February 18, 2015

PM Modi inaugurates Aero India, says need to increase defence preparedness

New Delhi: Prime Minister Narendra Modi on Wednesday inaugurated Aero India 2015 in Bengaluru and made a strong pitch for increasing defence preparedness.

Here are some of the highlights of PM's speech.

* We will build an industry that will have room for everyone - public sector, private sector and foreign firms

* I am confident that India will emerge as a major global centre for defence industry

* We want to develop an industry that is dynamic. It should constantly stay at the cutting edge of the global industry

* We must ensure that our tax system does not discriminate against domestic manufacture in comparison to imports

* We must involve our scientists soldiers, academia, industry & independent experts more closely in research and development.

* Procurement procedures will be simple.
18/02/15 Times of India
To Read the News in full at Source, Click the Headline