The 6th Defense exhibition which will start from 15th Feb New Delhi will see as many as 35 countries participation. India’s Defense Minister A.K. Antony is scheduled to inaugurate the event. The US is set to field the largest representation in Defense Expo, followed by Israel.

Among the countries to attend the exhibition are Bulgaria, Hungary, Nigeria, Senegal, Surinam, Turkey, Uganda and the UK who are to send their Defense Ministers.

Indian government is set to come out with a new Defense Production Policy in the next two months under which domestic industries would certainly get orders for products developed by them after indigenous research.

The defense production secretary RK Singh said in a statement that all Indian industries bidding for the same tender for products will be given the orders in a sharing formula. In an effort to encourage the Indian private sector to enter the defense sector, if there are two Indian companies bidding for the same tender then the lowest bidder would get 65% of the orders and the other company would get 35 % of the order’s share.

"We have to combine transparency and equity in our defense production policy. Equity determines we give opportunity to all of the domestic manufacturers and transparency demands that it be done openly," he added.