GCCI supports hosting Defence Expo

Panaji, Feb 29: The Goa Chamber of Commerce and Industry (GCCI) has favoured hosting the Defence Expo here next month, claiming that the entrepreneurs in Goa will benefit from this event as they will get an opportunity to network with global firms and strike lucrative deals.

"Practically, all types of enterprises right from hospitality to transportation, logistics and travel companies to a large variety of service providers, hardware and electrical contractors and IT-based services to manufacturers and light engineering units stand to gain from this exhibition," GCCI President Narayan Bandekar today said while supporting the event.

The defence exhibition is scheduled to be held in Goa between March 28-31. "This is the first time that this exhibition is being held in Goa.

There may be few Goan enterprises which are direct beneficiaries of Def Expo at this point of time, but we understand that there are many Goan firms and service providers, who have received enquiries from main and sub-contractors for supplying many goods as well as services.

"Surely, over the years, our own Goan enterprises can bag many direct contracts for supplying such goods and services," he said.

"With a compulsion to procure at least 20 per cent of their requirements from Micro, Small and Medium Enterprises (MSMEs), big defence manufacturers look at developing MSME vendors.. and some of the biggest beneficiaries of Defexpo in the past have been Indian MSMEs who get excellent opportunity to showcase their capabilities in Defence, Aviation, Aerospace and Homeland Security, find new buyers, strike deals for technology acquisition and get ideas for developing new products," Bandekar said.

"With Defexpo being held in Goa, many Goan MSMEs will get an opportunity to network with other Indian and foreign companies and strike lucrative deals for sub-contracts and supply solutions.

It is upto Goan entrepreneurs both in manufacturing as well as service sector to make use of this golden opportunity," he said. "Goa should consider itself lucky that in 2012, the then UPA

Government considered Goa fit to host this prestigious event and we must also appreciate the support the state is receiving from our present Defence Minister Manohar Parrikar as well our Chief Minister in ensuring that Goa hosts the exhibition successfully," the GCCI said.

The Chamber is, however, pained to see unnecessary Opposition to the Def Expo and feels that most of it is arising out of lack of communication.

PTI