Over 400 memorandum of understandings (MoUs) are expected to be signed at the biggest ever DefExpo 2022, with 33 of them would be Gujarat specific and worth ₹5,500 crore, defence secretary Ajay Kumar said on 14 October.
In the DefExpo at Gandhinagar which is starting from October 18 and will continue for five days, over 1,300 exhibitors including start-ups, from PSU and private industry, will display products that is aimed at boosting central government’s initiative of bringing in Atmanirbharta (self-reliance) in military sector.
Speaking to media ahead of the expo in Gandhinagar, Ajay Kumar stated over 400 MoUs will be signed this time which is double since 201 were done during the last DefExpo at Lucknow.
Apart from that, he stated ten States have also come up with their individual policies to attract manufacturers. So far, two defence corridors have also come up in Uttar Pradesh and Tamil Nadu to realise the potential of the defence sector which is also visible since stocks of related companies are doing well in the market.
 are expected to be signed at the biggest ever DefExpo 2022, with 33 of them would be Gujarat specific and worth ₹5,500 crore, defence secretary Ajay Kumar said on 14 October.){kind=link}