Unprecedented opportunity for India-US defense co-production at this time : ORF Americas

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Washington: Noting unprecedented opportunities for India-US defense co-production, a US-based think tank has said that greater defense industry partnership between companies from the two countries hinges on commercial and regulatory factors. The Observer Research Foundation (US) on Thursday said in a report titled “Achieving Target: Accelerating the US-India Defense Industry Partnership” that India needs a strong business base for long-term investment and technology transfer to ensure anticipated demand. Is.

“The US-India defense industry partnership could be accelerated given a number of factors, including supportive domestic policies and a favorable geopolitical situation, including the immediate circumstances created by the war in Ukraine,” ORF (US) said in the report. .

It said bilateral defense industry cooperation has received a major boost with the launch of the US-India Initiative on Critical and Emerging Technologies in early 2023. “These circumstances create unprecedented opportunities for Indo-US defense co-creation,” the report said. But it will need to translate spectacular political progress at the government-to-government level into concrete results at the business-to-business level.

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