FDI In­crease, Builds Con­fi­dence in In­vestors: Raytheon

SP's LandForces - - FOCUS / INDIA -

The in­crease in the for­eign di­rect in­vest­ment thresh­old is a step in the right di­rec­tion to build con­fi­dence for in­ter­na­tional man­u­fac­tur­ers to in­vest in In­dia’s in­dus­trial base. Any effective change in this re­gard can be viewed pos­i­tively to help fos­ter co-pro­duc­tion, joint manufacturing and off­set part­ner­ships with In­dian in­dus­try.

Raytheon has long teamed and part­nered with In­dian in­dus­try in both de­fence public sec­tor units and pri­vate sec­tor com­pa­nies, and this FDI in­crease could en­hance how we col­lab­o­rate and in­no­vate to­gether with In­dian busi­nesses to bet­ter pro­vide solutions for In­dia’s mil­i­tary and na­tional se­cu­rity mis­sion re­quire­ments.

—By Nik Khanna, Raytheon Com­pany Coun­try Direc­tor and

Se­nior Ex­ec­u­tive in In­dia

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