SP's LandForces



The Defence Minister while addressing the members of American Chamber of Commerce in India (AMCHAM India) through video conferenci­ng during its 30th Annual General Meeting on April 21, 2022, invited the US companies for co-production, codevelopm­ent, investment promotion and developmen­t of MRO facilities in India. He exhorted US companies to take advantage of the policy initiative­s taken by Prime Minister Narendra Modi to achieve the vision of ‘Make in India, Make for the World’. Rajnath Singh pointed out that US companies have not only been a source of FDI & employment in India, but are also contributi­ng to India’s defence exports, totalling around $2.5 billion to US in last five years, which is 35 per cent of total exports achieved during the period. He underlined the importance of strengthen­ing the commercial and economic pillar of the IndiaUS partnershi­p to advance economic growth. There has been a rebound in bilateral trade between the two countries over the last year, surpassing $113 billion in goods. AMCHAMIndi­a is an associatio­n of American business organisati­ons operating in India.

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