The seventh edition of Defexpo India 2012, held at Pragati Maidan, New Delhi from March 29 to April 1 had an overwhelming and unprecedented response both from the private and public sector. Inaugurating the expo, Defence Minsiter A.K. Antony emphasised on the need for indigenisation in defence sector. “Our emphasis is on public-private sector partnership in the defence industry. Our defence industry is now open up to 100 per cent for Indian private sector participation, while foreign direct investment (FDI) is permissible up to 26 per cent.” Addressing the media, the Defence Minister said that India is fast moving towards 40 per cent indigenisation of defence production from the present 30 per cent.

Minister of State for Defence Dr M.M. Pallam Raju said that the government is in the process of streamlining defence procurement and export procedures. He mentioned that the government plans to enhance partnerships between public and private sector and looks forward to design state-of-the-art defence technology in India. SP Guide Publications was the sole official media partner of Defexpo India 2012.