In a bid to strengthen supply chain ecosystem in India, the US aerospace major Lockheed Martin will host the 8th edition of its annual India Suppliers Conference on 10–11 November in Bengaluru. Key representatives from the Indian Ministry of Defence (MoD), the U.S. government, Indian and global industry leaders are expected to attend the two-day event themed “Partnership for Aatmanirbhar Bharat and Make for the World”.
The Suppliers Conference serves as a platform for Lockheed Martin to explore business opportunities with its existing suppliers and create avenues for new partnerships. The discussions at the event help drive the ‘Atmanirbhar Bharat’ initiative of the Indian government and expand India-U.S. defence industrial strategic links.
Commenting on the forthcoming conference, William L. Blair, Vice President and Chief Executive, Lockheed Martin India said, “to advance India’s strategic security and industrial capabilities, Lockheed Martin continues to support the growth of an indigenous defence manufacturing ecosystem. Our joint ventures in India with Tata have been a key demonstration of the Indian government’s vision of ‘Make in India, Make for the World’ which have been a catalyst for India’s aerospace and defence ecosystem with hundreds of suppliers feeding in to Lockheed Martin’s global supply chain.”
He further added that “hosting the annual India Suppliers Conference complements our vision of building and nurturing partnerships with the Indian industry”.
“The event now in its eighth year aims to reduce complexity and increase flexibility in supply chain operations to strengthen India’s resilience to future supply chain impacts and aligned to Indian government’s vision to promote exports,” Blair said.
The key highlights of the conference will include:
- Presentations by Lockheed Martin business area representatives, partners and Tier 1 suppliers
- Capability presentations by Indian industry/ Micro, Small and Medium Enterprises (MSMEs)
- In-person and virtual B2B meetings with Supply Chain and Business Development team members of Lockheed Martin
- Indian MSMEs to showcase their companies
According to a statement released by the organizer of the event, the conference will provide the Indian industry an opportunity to understand and interact with all of Lockheed Martin’s business areas, as well as Tier 1 suppliers wishing to source from India. The 7th edition of the event was attended by more than 400 delegates and saw participation from over 200 companies of all sizes – large, MSMEs and start-ups. Furthermore, 62 companies participated in the conference as exhibitors, showcasing their products and capabilities in the virtual exhibition area.
Lockheed Martin continues to build upon more than three decades of partnership with India by nurturing and expanding collaborations with local industry to support the evolution of indigenous defence manufacturing ecosystems, and further advance India’s strategic security and industrial capabilities, the statement said.