Breaking News
1. World news live updates: Boeing's uncrewed Starliner spacecraft lands safely in New Mexico      2. India news live updates: Four dead, six injured as van crashes into truck in Madhya Pradesh's Vidisha district, says Police      3. India news live updates: Brij Bhushan Singh alleges Congress conspiracy after wrestlers join party ahead of Haryana polls      4. India news live updates: PM Modi interacts with National Awardee Teachers, highlights natural farming during interaction      5. India news live updates: Akhilesh Yadav backs Congress amid Haryana seat-sharing talks with AAP      6. Confident that we will form govt for third time in Haryana: CM Saini      7. Uttar Pradesh: Search operation is underway Bahraich to catch wolves      8. 27-year-old woman died after being hit by a speeding car in ​​Mumbai      9. Haryana: Rain lashes several parts of Karnal      10. Punjab: Celebrations underway for first Parkash Gurpurab of Sri Guru Granth Sahib in Amritsar      11. Union Home Minister Amit Shah extends heartfelt tributes to former President of India Dr Pranab Mukherjee      12. RJD to hold protest on Sep 1 demanding inclusion of 65% reservation for OBC, SC and ST under Schedule 9      13. Three-day Akhil Bharatiya Samanvay Baithak of RSS begins in Kerala.      14. NCP can also speak: Ajit Pawar on BJP spokesperson Ganesh Hake's reported remark      15. Deep depression over Arabian Sea intensifies into cyclone Asna      16. CM Saini to contest assembly polls from Ladwa in Kurukshetra district: BJP's Haryana chief      17. Congress, other INDIA bloc parties patrons of corrupts, rapists: BJP      18. India's GDP grows by 6.7 pc in Q1: Govt data      19. Andhra Pradesh Legislature to go paperless, digital soon through NeVA app      20. Delhi cop accidently shoots self inside Paharganj Police Station; critical     

India’s Prime Minister Narendra Modi approves Lockheed Martin’s ‘Make in India’ strategy

  • Posted on July 20, 2024
  • News
  • By TSW NEWS DESK
  • 100 Views

PM Modi met Lockheed Martin CEO Jim Taiclet, praising the company's commitment to 'Make in India, Make for the World'. The meeting highlights growing India-US defense cooperation, with Lockheed Martin contributing to India's military capabilities through various projects and technologies.

1721467484-61tluf4iA5.png

Prime Minister Narendra Modi on Thursday said that he met recently with Jim Taiclet, CEO of Lockheed Martin, a global defence major, who has demonstrated a lot of spirit in make in India, make for the world initiative. The meeting underlines the enhancement of cooperation between India and the United States of America in the aerospace and defense industrial partners.

The Prime Minister’s Office cited this sector to identify Lockheed Martin as a key participant in this regard and thanked the company for its support in making India’s dream of becoming a production hub come true. The company has contributed to enhancing the fighting capability of India by providing sophisticated defence systems in the aerospace, naval, missile defence and strategic spheres.

An example of this is the joint venture between Lockheed Martin of USA which is in the aerospace industry and Tata Advanced Systems Limited TEL, an Indian company operating in Hyderabad. This plant has been manufacturing and supplying over 200 empennages for the C-130J airplane and is progressively integrating more components from regional sources.

Lockheed Martin’s helicopter cabins has lately been shifted from Japan to India in an attempt to localize its products. This change is as per the policy of the Indian government to make the country more or less reliant on imported arms and ammunition.

Lockheed Martin’s C-130J transport aircraft has also been used by the IAF and has reinforced Lockheed Martin’s standing in the Indian defence sector.

Also Read: Prime Minister Narendra Modi has highlighted job creation and infrastructure development in Mumbai recently

This meeting between PM Modi and Jim Taiclet takes place at the time when India is looking at developing its domestic defence manufacturing sector. This affiliation with Lockheed Martin is a step towards the achievement of this goal since it strengthens the bi-lateral relations between India and the United States.

Author
No Image
Author
TSW NEWS DESK

You May Also Like