Post

U.S. Updates Technology Transfer Policy with India

U.S. Updates Technology Transfer Policy with India

One of the results of the meetings between U.S. Defense Secretary Ash Carter and India’s Defense Minister Manohar Parrikar earlier this month was that the U.S. has updated its policy on gas-turbine engine technology transfer to India to expand cooperation in production and design of sensitive jet engine components.

Carter and Parrikar
Defense leaders A. Carter and M.  Parrikar

Carter said he and Parrikar discussed the progress that has been made towards cooperation on jet engines, and aircraft carrier design and construction, as well as opportunities to collaborate on additional projects of interest, which will also further Prime Minister Modi‘s Make in India policy, reports Economic Times.

Carter and Parrikar look forward to U.S. companies working with their Indian counterparts to submit transfer requests that will benefit from this updated policy, said a joint statement issued after a meeting between two leaders at the Pentagon.

Share

About Amritt

Who We Are

Small or big, your business will love our financial help and business consultations! We are happy when our clients are too… Actually, this is quite simple to achieve – because each time we help them in sorting out different accounting intricacies or save the day before filing the taxes, they are happy indeed! And so are we.   

We have over Twenty years of experience helping our clients succeed in India

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Blog
Page
Dictionary
Comparisons
Capabilities
India Business Guide
Services
Private
Speaking
Insights
White Papers
News
Newsletters
Clients
Case Studies
Companies In India
Webinars
Presentations
Industries