Never miss a story

Get subscribed to our newsletter


×

Bengaluru: Aimed at creating a vibrant industrial base with a focus on private industry, National Small Industries Corporation (NSIC) on Thursday held the MSME DEFEXPO 2015.

Union minister for MSMEs Kalraj Mishra also expressed his hopes for MSME DEFEXPO 2015 in a statement.


India, till recent past, relied heavily on the foreign manufacturers for the procurement of defence-related equipment. However, there was always, a need for self-reliance,

The expo facilitated linkages between MSMEs and large global defense equipment suppliers and producers.

Our focus now is on enabling SME sector for the supply of equipment, machineries and general consumables, adding SMEs in the supply chain of high technology products and services related to defense sector, as SMEs are real component of indigenization,

Nearly 200 MSMEs and global giants, including Boeing, Airbus, Honewell and Zen Air Defence Canada participated in the expo.

According to the statement, Indian aerospace and defence expenditure on capital acquisition is estimated to reach around $120-150 billion in the next 10 years.

MSME DEFEXPO 2015 was designed from Prime Minister Narendra Modi’s pet project ‘Make in India’ initiative point of view.

By next decade, India aims to double its defence equipment procurement value to 75 percent through Indian vendors, the statement added. (IANS)

(Picture Courtesy:www.nsic.co.in)


Popular

Photo by Flickr.

Swastika, one of the sacred symbols used by many religions like Hinduism, Jainism, and Buddhism.

The symbol of Swastika is known to signify peace, prosperity, and good fortune in the religious cultures of Eurasia. In fact, this symbol is considered very significant in Hinduism, Buddhism, and Jainism. But, at the same time, it has become one of the most misunderstood religious symbols and has been globally banned in many countries.

The reason why the symbol of Swastika is banned in many countries is because of its association with Adolf Hitler's extreme political ideology, Nazism, as Swastika as its official symbol.

Keep Reading Show less
Pixabay

Since emerging into the public eye with a historic gold medal at the junior world championships in 2016, he has maintained a high level of performance

India celebrated a historic day on August 7, as 23-year-old Neeraj Chopra became the first Indian to win an Olympic gold medal in athletics. In the men's javelin throw event, he achieved his greatest triumph, throwing the javelin 87.58 meters on his second try.

Neeraj Chopra was born on December 24, 1997, in Khandra village in Haryana's Panipat district. He grew up in a Haryanavi family of farmers. He is the brother of two sisters. He graduated from Dayanand Anglo-Vedic College in Chandigarh and is now enrolled in Lovely Professional University in Jalandhar, Punjab, pursuing a Bachelor of Arts degree. Chopra was bullied due to his obesity as a kid, which prompted his father to enroll him in a nearby gym. He then joined a gym in Panipat, where Jaiveer Choudhary, a javelin thrower, noticed his potential and coached him. When the 13-year-old Chopra finished training under Jaiveer for a year, he was enrolled at the Tau Devi Lal Sports Complex in Panchkula, where he began training under coach Naseem Ahmed.

Keep Reading Show less
wikimedia commons

Gothic dresses displayed in a store

The emergence of the Industrial Revolution in Victorian England brought with it many apprehensions and fears that translated into a new genre in literature: the gothic. Today, the idea of the gothic does not have to much with literature as much as it is associated with fashion.

The Victorians began to wear black more often during the Industrial Revolution to hide the stains of soot on their clothes. Many of the working class were employed in factories. They were newly introduced to technology, the idea of coal as fuel, and the working of machines to serve a certain purpose. This kind of work was hard and messy. Wearing light colours burdened the tired folk when the stubborn stains did not get washed away.

Keep reading... Show less