Us to do technology transfer approval for India

Washington: Defence Minister Manohar Parrikar has asked US to response positively for technology transfer approvals and leverage opportunities created by New Delhi. This is done when several positive changes are seen in the defence field of India.

“In the past one year, there have been sincere attempts from the Indian Ministry of Defence to change the mindset,” he said at a roundtable with senior executives of American and Indian aerospace and defence companies.

“Numerous positive changes have been incorporated through the revision of the offset policy and the Defence Procurement Procedure (DPP),” Parrikar said at the event organised by the US-India Business Council (USIBC) Wednesday.

“The US government needs to reciprocate positively for technology transfer approvals and leverage opportunities created by the procedural changes in Indian defence procurement,” he said.