FDI Increase, Builds Confidence in Investors: Raytheon
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