 "In the pipeline are 110 medium fighters, 123 naval multi-role helicopters, 111 naval utility helicopters and six conventional submarines under Project 75-I")
In a statement that will be welcomed by private Indian defence firms and global ‘original equipment manufacturers’ (OEMs), Defence Production Secretary Ajay Kumar indicated on Wednesday that the ministry was giving full importance to the “strategic partner” policy.
After a meeting of the US-India Defence Technology and Trade Initiative (DTTI) in New Delhi, Kumar made it clear that India’s defence industry would need to partner foreign OEMs for manufacturing defence equipment in India.
He said Indian firms’ contribution towards equipping the military would have to be “in partnership with foreign OEMs to begin with.”
To provide the policy framework for
