Tuesday, February 06, 2007

New Delhi: The US today said it was keen to increase its presence in India's aerospace industry and improve bilateral partnership in this area by even considering setting up of manufacturing bases in the country.
"We are looking at increasing strategic partnership with India in not only aero space but across the entire spectrum of its defence sector. We would also like to set up our manufacturing base in India," Former US Secretary of Defence and Chairman and CEO Cohen Group William S Cohen told reporters here.
Cohen is leading the 24-member US-India Business Council Executive Mission (USIBC) to India for the Aero India 2007 starting in Bangalore from February 7.
India's rising security profile has made the country a significant market for aerospace industry and with sanctions imposed on India post-Pokhran nuclear test gone, major US-based defence suppliers are aiming at establishing a base here.
05/02/07 Chennai Online

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