Call for Indo-US collaboration in defence
Defence Minister Rajnath Singh has sought to synchronise the export capability of US defense sector with the ever-expanding opportunities in the defence manufacturing sector available in India to take the relationship between the two countries towards a collaborative approach from traditional ‘Buyer-Seller’.
Speaking at a seminar organized during ongoing DefExpo2020 in Lucknow on 6 Feb 2020 by the US-India business Council (USIBC), Singh referred to several key agreements signed in 2+2 Dialogue during his recent trip to USA.
“Indo-US relationship will move towards collaboration approach from traditional ‘Buyer-Seller’. I am confident that this relationship will be more dynamic and vibrant in future,” Singh underlined.
“The US is one of the largest defense exporters for India and the world. At the same time, the defence manufacturing sector in India is growing at rapid pace. In such a situation, our collaboration can prove to be the biggest collaboration of this century,” stressed Singh.
While assuring the businesses that the reforms that have been made, would continue, he urged the business community to take maximum advantage of them and invest in India.
He appreciated the role played by the USIBC in improving trade relationship between the two countries. fiinews.com