Phil Shaw, chief executive of Lockheed Martin India told Defenseworld.net that tail sections of C-130 aircraft for Lockheed Martin’s global customers are being made in India at the joint venture facility they have with Tata Advanced Systems in Hyderabad.
He further commented that if international companies treated their 100% owned Indian subsidiaries as Indian companies, it would help bring in investment, technology and develop domestic human resources and intellectual capital.
Shaw also disclosed that one of the successful initiatives of Lockheed Martin to develop technology in India was the India Innovation Growth Program, run jointly by Lockheed Martin and India’s Department of Science and Technology, along with FICCI, a trade group. This program aims to enhance the development of India’s entrepreneurial economy by accelerating innovative Indian technologies into markets in the U.S. and around the world.
