India seeks collaboration with global arms makers
Posted on: Feb. 1st, 2006 - www.khaleejtimes.com
NEW DELHI - Defence minister Pranab Mukherjee asked international weapons-makers yesterday to collaborate with Indian companies to utilize their skills and strengths, as global manufacturers showcased their products at a defence exhibition in New Delhi.
Mukherjee said the government wanted to encourage joint ventures, co-production and co-marketing to take advantage of Indias capabilities and production units.
Weapons manufacturers from around the world are promoting their products at the four-day exhibition in India, which plans to spend tens of billions of dollars (euros) in defence purchases over the next few years.
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