Prime Minister Narendra Modi on Sunday laid the foundation stone for a C-295 transport aircraft manufacturing plant in Vadodara, Gujarat. Modi said the Vadodara plant has the potential to transform India’s defense and aerospace sector. The Prime Minister said that Vadodara will be known as the hub of India’s aviation sector and this is the first big investment in India’s defense aerospace sector.
Prime Minister Narendra Modi on Sunday laid the foundation stone for a C-295 transport aircraft manufacturing plant in Vadodara, Gujarat.
Addressing a rally at Leprosy Ground in Vadodara, Modi said the Vadodara plant has the potential to transform India’s defense and aerospace sector. The Prime Minister said that Vadodara will be known as the hub of India’s aviation sector and this is the first big investment in India’s defense aerospace sector.
He said the country is taking an important step to make India the largest manufacturing hub in the world and is now manufacturing fighter jets, tanks and submarines. Modi further added that India is moving forward with its “Make in India, Make for the Globe” vision and said it will become the largest transport aircraft manufacturer. The Prime Minister expects India to also manufacture the world’s largest jetliners.
A total of $3 billion has been invested in India’s aerospace sector over the past 8 years, five times more than the investments made during the period 2000-2014, Modi said. He expects India’s defense manufacturing to top $25 billion and exports to top $5 billion by 2025.
Defense Minister Rajnath Singh, who was speaking before Prime Minister Narendra Modi laid the foundation stone for the next aircraft manufacturing plant in Vadodara, said the laying of the foundation stone for a manufacturing plant in the city of Vadodara in Gujarat for the production of C-295 transport aircraft for the Indian Air Force was an important step in the country’s journey towards self-reliance in the defense sector.
The plane will be produced by a consortium made up of major European aerospace company Airbus and the Tata Group. This is the first such project in which a military aircraft will be manufactured in India by a private company.
In September last year, India struck a Rs 21,935 crore deal with Airbus Defense and Space to purchase 56 C-295 jets to replace the IAF’s aging Avro-748 jets which entered in service in the early 1960s.
Rajnath Singh said that for the first time in the country, a private actor is setting up an aircraft manufacturing plant.
“It is definitely a proud moment for the whole country. The foundation stone is being laid by our Prime Minister. It is not just a foundation stone, but an important step in the country’s journey towards self-reliance in the defense industry,” he said.
The Minister of Defense congratulated the Tata Group, Airbus and all others associated with the project.
Singh said the C-295 aircraft to be built here will have superior capabilities and global standards.
“These state-of-the-art and modern transport aircraft will greatly increase the logistics capabilities of the Indian Air Force. It is also a matter of pride that all 56 aircraft are equipped with indigenous warfare suits, produced by Bharat Electronics Limited. and Bharat Dynamics Limited,” he said.
The minister said hundreds of MSMEs across the country will also supply parts for the manufacturing of these planes.
The facility is an example of how private actors and public sector defense contractors (PSUs) can meet the requirements of the armed forces through collaborative efforts, he said.
“I am confident that the efforts of the Ministry of Defense to boost domestic manufacturing will not only meet the demands of our armed forces, but will also make India a net exporter of defense equipment and platforms,” he said. Singh said.
On occasion, Singh called Prime Minister Modi a “visionary statesman” for making decisions keeping in mind not only the current demands but also the future needs of the country.
Prime Minister Modi is on a three-day visit to Gujarat from Sunday and will launch a host of projects in different parts of the state where assembly elections are expected to be announced soon.
(With PTI entries)