NEW INDIA:from ‘SELL to INDIA’ to ‘PARTNER with INDIA’
•Before:Aero India was a mere window to 'Sell to India'
•Today: A potential defence partner. Our technology is cost effective as well as credible.
• 'Best innovation' in India with 'honest intent'
STATISTICS
•India is the 3rd largest domestic civil aviation market in the world after China & the US
•Domestic passengers more than doubled from 60 million in 2014 to 143 million in 2020,prior to Covid-19
•International air passengers increased from 23 to 35 million
“Pratyaksham Kim Pramanam”
•Things which are self-evident need no proof. ⬇️
•Make in India(AtmaNirbhar Bharat):
-Tejas fighter planes
-Aircraft carrier INS Vikrant in the Indian Ocean
-C-295 aircraft manufacturing facility in Vadodara
-helicopter unit of HAL in Tumakuru
DEFENCE EXPORTS
•Biggest defence importer for decades.We now export defence equipment to 75 countries
•Our defence exports have increased 6 times in the last 5 years
•In 2021-22,we exported over $1.5 billion worth defence equipment
Aim:increase it to $5 billion by 2024-25
NEW INDIA:A fighter pilot
•The India of ‘Amrit Kaal’ is moving forward like a fighter pilot
•Not afraid of scaling heights & excited to fly high
•Thinks fast,thinks far ahead & takes quick decisions
•No matter how fast India's pace is,it’s always connected to its roots
REFORM,PERFORM,TRANSFORM
•Decisive government
•Stable policies with Clear intention
•Supportive environment
•Ease of Doing Business in India
Steps to create an environment conducive to global investment & Indian innovation:
⬇️
•The rules for approving FDI in the defence sector in India have been simplified
•Simplified the process of granting licenses to industries & increased their validity
•The tax benefits available to the manufacturing companies have been increased in the budget
KARNATAKA:an expert in the world of technology
•25% of India's air/spacecraft industry is in KA
•67% of aircraft & helicopter mnfg. for defence & 65% of aerospace exports is done from KA
•Expertise in the field of technology must become our strength in defence sector
MANTHAN:segment on defence innovation at Aero India
•The MoD collects problems from the 3 services & puts them across to the start ups to come out with viable solutions.
•MoD will hand hold these start ups & back them with financial support.
BANDHAN at AeroIndia
•Aimed at forging & renewing partnerships between business entities for innovative collaboration & strategic transformation of the defence manufacturing sector in the country
•MoUs & transfer of technologies (ToTs) pave the way for more FDI in defence
BUDGET
•75% of defence capital procurement budget has been earmarked for domestic industry in FY 2023-24
NATIONAL CIVIL AVIATION POLICY
•Make flying affordable & safe
•Balanced regional growth
•AIM: Enable 50cr domestic ticketing & 20 crore international ticketing by 2027
Our #UPSC PYQ initiative : #PracticeToProgress. Comment below with your answers or vote in the poll below⬇️. Don’t be afraid to make mistakes, that’s how you’ll learn. The solution will be posted at 9 pm.
“People’s human rights do not disappear because their homes do!” @UN Secretary-General @antonioguterres
World Meteorological Organization @WMO recently released a report:
“Global Sea-level Rise & Implications”
Here’s a 🧵 on Sea-Level Rise!
Save it to your notes 📝 #UPSC
“We would witness a mass exodus of entire populations on a biblical scale & we would see ever-fiercer competition for fresh water,land & other resources. The impact of rising seas is already creating new sources of instability & conflict.”