NEW DELHI: Prime Minister Narendra Modi on Wednesday inaugurated Aero India 2015 in Bengaluru and made a strong pitch for increasing defence preparedness.Here are some of the highlights of PM's speech.* We will build an industry that will have room for everyone – public sector, private sector and foreign firms* I am confident that India will emerge as a major global centre for defence industry* We want to develop an industry that is dynamic. It should constantly stay at the cutting edge of the global industry* We must ensure that our tax system does not discriminate against domestic manufacture in comparison to imports* We must involve our scientists soldiers, academia, industry & independent experts more closely in research and development* Procurement procedures will be simple.* Need to tackle internal security challenges* Must involve our scientists, academia* Defence procurement to ensure accountability* Our defence industry will succeed more if we can transform the manufacturing sector in India* Strong defence industry will make India secure* Aero India can be a catalyst in realizing our goals