Alerts

Aerospace Defence Majors Look for Partners for Make in India

Aerospace Defence Majors Look for Partners for Make in India American defence majors Lockheed Martin and Boeing and Sweden’s SAAB-AB are currently scouting for a joint venture partner to make fighter jets in the country, to grab a slice of India’s ?1 lakh-crore defence manufacturing market, reports Timsy Jaipuria in Hindustan Times on July 15. The reports says that following a relaxation of foreign direct investment (FDI) norms in the defence sector, Lockheed Martin Corp chairman Marillyn A Hewson met commerce and industry minister Nirmala Sitharaman earlier this month, and expressed this interest to invest in the sector. Sitharaman was quoted in Hindustan Times as saying “all three are looking for JV partners to build fighter jets. India is a very big market as far as f...
Please or to Read More Entire Article

Related Tags

Related Article

Article by Same Author

In case you come across any suspicious activity, any suspicious movement or have any information to tell to the Anti-Terror Squad, please take a note of the new ALL INDIA TOLL-FREE Terror Help-line '1090'. Your city's Police or Anti-Terror squad will take action as quickly as possible. Remember that this single number 1090 is valid all over india. This is a toll free number and can be dialled from mobile phones also. Moreover, the identity of the caller will be kept a secret.

Please try to make aware each and every citizen of india about this facility.

Helpline 1090