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China which had participated in the last show is not making its
presence felt this time, confirmed Sujata. This is attributed to the
growing trade rivalry between India and China.
“India is estimated
to spend about $80 billion in the next five years on defence
acquisitions, making it one of the most attractive markets for global
defence firms,” the CII-Deloitte report on ‘Prospects for Global Defence
Industry in Indian Defence Market’ said.
The show will therefore,
witness a zealous scramble by the global defence aviation giants for a
part of the big pie. Among them are Lockheed Martin, Boeing, BAE
Systems, and the European Aeronautic Defence and Space Company (EADS).
The flying displays will see some of the latest fighter planes in the
world, sources said. Some of the latest technological marvels in
communication, electronic warfare, cockpit display and aircraft
manufacturing are expected to be on display.
This show has an
added importance since a contract for preliminary design of the
Indo-Russian Fifth Generation Fighter Aircraft was signed between
Hindustan Aeronautics Limited (HAL), Rosoboronexport and Sukhoi in
December last. Now the Indian aerospace industry is opened up for
foreign participation up to 26% equity holding. HAL, Bharat Electronics
and DRDO, among others will go in for partnerships and joint ventures.
“One of the most exciting aero shows” is how Mary Ellen Jones,
vice-president, Marketing of Pratt & Whitney said of the show in a
SP Guide Publications, the official media partner of Aero India 2011.
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