The mil­lion-dol­lar ques­tion is that have we fa­cil­i­tated FDI as to at­tract for­eign firms in our de­fence sec­tor? Iron­i­cally, the re­ply is a big NO. We have just raised the FDI in de­fence from 26 per cent to 49 per cent.

The mil­lion-dol­lar ques­tion is that have we fa­cil­i­tated FDI as to at­tract for­eign firms in our de­fence sec­tor? Iron­i­cally, the re­ply is a big NO. We have just raised the FDI in de­fence from 26 per cent to 49 per cent.

SP's MAI - - FRONT PAGE -

Lt Gen­eral P.C. Ka­toch (Retd) rapidly chang­ing geopo­lit­i­cal scene. Head­ing the US side dur­ing the launch of the US-In­dia De­fence Tech­nol­ogy and Trade Ini­tia­tive (DTTI) in New Delhi in Septem­ber 2013, the US Deputy Sec­re­tary of De­fense Ash­ton B. Carter (now re­placed by Frank Ken­dall) had said that US tech­nol­ogy and ex­ports con­trol ar­eas were be­ing looked at so that In­dia has the same sta­tus as the ‘clos­est al­lies’ of US, for the US sys­tem to op­er­ate on a timescale con­sis­tent with the needs for the In­dian side to make de­ci­sions, the aim be­ing to take the Indo-US de­fence re­la­tion­ship to the next level and help In­dia raise the in­di­geni­sa­tion of its de­fence sys­tems.

Then we have strate­gic part­ner­ship with many other coun­tries

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