New Delhi: Emphasising the commitment of the world’s oldest and largest democracies to strengthen their bilateral ties, Lockheed Martin CEO Jim Taiclet joined Prime Minister Narendra Modi on July 18 and praised the local workforce in India, recognising its promising talent and capabilities.
“As a trusted partner of over three decades, we recognise the promising talent and capabilities of the local industry and remain committed to strengthening the defence and industrial ties between our two nations,” Lockheed Martin stated.
Describing Prime Minister Modi’s state visit to the US last year as ‘’truly historic’’, Lockheed Martin noted, “This visit is going to take our relationship (India-US ties) to the next level and I think that’s a cross-hold sector for supply chain resilience.”
Highlighting the positive impact of Modi’s visit, Dilip Chauhan, Deputy Commissioner for New York City Mayor’s Office for International Affairs, stated, “PM Modi’s visit made US and India’s ties stronger than before. Several investments have been announced during the visit. Around 120,000 Indian American doctors are currently working in the US, and around 28,000 hotels are owned by Indian Americans in the US.” Adding that it was the best time for economic engagement between the two countries.
An American multinational corporation specialising in aerospace, arms, defence, information security, and technology, Lockheed Martin has been a significant player in the Indian defence sector. The company has exported defence products worth millions from India, showcasing the strong industrial ties between the two nations. This ongoing collaboration is a testament to the robust and growing partnership between the US and India.
