New Delhi (NVI): Defence Minister Rajnath Singh today said that the US-India Defence relationship will transform from traditional buyer-seller to a collaborative one that “can be the biggest of the century”.
“Indo-US relationship will move towards collaboration approach from traditional ‘Buyer-Seller’. I am confident that this relationship will be more dynamic and vibrant in future,” he said while speaking at a seminar organized during ongoing DefExpo2020 in Lucknow by the US-India Business Council (USIBIC).
The Union Defence Minister also gave a message to the US defence manufacturers that India is willing to resolve any problems faced by the industry. He said that the investors must take full advantage of the opportunities present in India’s defence sector.
He further said, “The US is one of the largest defence exporters for India and the world. At the same time, the defence manufacturing sector in India is growing at a rapid pace. In such a situation, our collaboration can prove to be the biggest collaboration of this century”.
Later, Raksha Mantri also visited the UP State’s pavilion. While appreciating the support extended by the state government in organising DefExpo at such a huge scale, he hoped that the investment opportunities would increase in the state with the establishment of defence corridor in Uttar Pradesh.
Earlier in the day, Rajnath held bilateral talks with his counterpart from Madagascar, Lt Gen. Rokotonirina Richard here and stressed upon enhancing ties in maritime security cooperation in the region.
Yesterday, Prime Minister Narendra Modi inaugurated the 11th edition of DefExpo in Lucknow. He said that this government aims for establishing India as a leading defence manufacturer while saying that country is eyeing defence export by 5 billion dollars in the next five years.