DefExpo 2022 withessed 451 MoUs, ToT agreements & product launches worth Rs 1.5 lakh Crores

Four hundred and fifty-one (451) Memorandum of Understanding (MoU), Transfer of Technology (ToT) agreements and product launches took place during the 12th DefExpo in Gandhinagar, Gujarat . Of the 451, there were 345 MoUs, 42 Major Announcements, 46 Product Launches and 18 ToTs. It envisages investment worth Rs 1.5 lakh crore. In the last defence expo, which was held in 2020 in Lucknow, 201 MoUs were signed.