NEW DELHI (PTI): Premier Indian defence companies BrahMos Aerospace and Pipavav Shipyard may showcase their products at IMDEX 2011, the international maritime defence show to be held in Singapore in May, in which many global defence majors will participate.
"Indian companies that have expressed interest in participating in the exhibition include BrahMos Aerospace and Pipavav Shipyard. As a thriving defence hub, we look forward to India's valuable contributions at activities and conferences organised at IMDEX Asia 2011," Jimmy Lau, Managing Director of Experia Events, organiser of the show, told reporters here.
IMDEX Asia will see participation from more than 150 companies and global defence majors like DCNS, Lockheed Martin, MBDA, Northrop Grumman, Raytheon, and ThyssenKrupp Marine.
He said that in the next two decades, Asia-Pacific region is slated to become the second largest naval market in the world after the United States.
"With only the US set to spend more on new ships and equipment over the same time frame, the Asia Pacific region will move past Europe as the second largest naval market in the world, as measured by market value to new ships and related equipment," Lau said.
Besides showcasing their products and services, the participating navies and maritime agencies will also engage in exercises to promote inter-agency coordination and address the evolving challenges to safety and security at sea.
Singapore will also host the third edition of the Singapore Airshow between February 14-19, 2012.
"We have sent invites to several Indian organisations for the event. Indian Air Force (IAF) of course is among the major invitees. Again we would expect India to send a big delegation for the event," Lau said.
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