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Tuesday, February 05, 2008

Arms fair attract global firms to India

A race for Indian military contracts worth billions of dollars will heat up this month when the world's top arms makers descend on South Asia's biggest defence fair.

About 300 international weapons companies from 30 countries have signed up for the four-day "DefExpo" in New Delhi from February 16, and there are expectations of several big-ticket announcements.

"This is the biggest ever defence exposition to be held by us and all the global players will be engaging," chief organiser and member of the Confederation of Indian Industries Gurpal Singh said.

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