Sandeep Chakravorty claims that the performance and order books of Indian defense industries are at an all-time high while speaking at the “India-Indonesia defense industry exhibition-cum-seminar” in Jakarta. The event is attended by 36 Indian enterprises, 12 DPSU, and 24 private companies.
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The first-ever “India-Indonesia Defence Industry Exhibition-cum-Seminar” was held in Jakarta on April 30, 2024, and was organized by the Ministry of Defense, the Republic of Indonesian, and the Embassy of India. It was a major event for bilateral defense cooperation and one of many events being held to commemorate the 75 years since the two maritime neighbors’ diplomatic ties were established. Along with various Indonesian Defense State Owned Enterprises and Private Defense institutions, 36 eminent Indian defense businesses took part in the event, including 12 Defence Public Sector Undertakings (DPSUs or SOEs) and 24 private companies.
As India prepares to become the third-largest economy in the world, Ambassador Sandeep Chakravorty emphasized in his inauguration speech that the Government of India is playing a critical role in creating a strong, safe, and self-reliant nation. He emphasized the Innovations for Defence Excellence (iDEX) program, which is fostering a thriving defense innovation ecosystem to support India’s defense technology independence. The startup ecosystem and the military are becoming more connected thanks to iDEX.
Prominent Indian enterprises, including BrahMos, Larsen & Toubro, Bharat Dynamics Limited, and Bharat Electronics, delighted the attendees with their presentations of products and services. During the event, fifty exhibitors in total displayed their cutting-edge inventions and technology. Senior officials from Indonesia’s Ministry of Defense, Armed Forces, Coast Guard, and defense firms took part in the Exhibition-cum-Seminar. The aforementioned high-level engagement highlights the dedication to cultivating ties between the defense ecosystems of Indonesia and India.
The extraordinary accomplishments of the Indian defense industry in recent years were highlighted by T. Natarajan, Director General (Defence Production), Government of India. The value of defense exports from India increased from US$ 560 million in 2017 to US$ 2.63 billion in 2023, marking a significant milestone for the country’s defense industry. By 2030, India is undoubtedly going to rank among the top exporters of defense equipment.
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The Indonesian Ministry of Defense was represented by Major General Piek Budyakto, Director General (Defense Potential). He commended the close relationship and expanding defense ties between India and Indonesia as well as their shared commitment to security and defense.
Furthermore, in 2024, the 42nd India-Indonesia Coordinated Patrol (IND-INDO CORPAT)is slated to take place in May. The end of 2024 is expected to see the military exercise “Garuda Shakti” and the navy exercise “Samudra Shakti,” which would fortify the institutional bilateral processes between the two nations.
The defense industry exhibition-turned-seminar between India and Indonesia represents a major advancement in the two countries’ strategic alliance. India and Indonesia can guarantee regional stability and make a crucial contribution to a more secure Indo-Pacific by promoting tighter cooperation in the defense sector.
