Lockheed Martin Hopes to Manufacture in India

Following an Indian suppliers’ meeting in Bangalore on November 8, executives of Lockheed Martin spoke to defenseworld.net and said that they would look at starting the ‘Make-in-India’ manufacturing project with 12 F-16 jets a year going up to 36 at peak.

Randall L Howard, head of  business development head  for the F-16 platform and Abhay Paranjape, director, business development-India interacted with over 40 Indian entities who showed interest in being part of the F-16 manufacturing project.

F-16 Jet

The partnership with India is being discussed between the Indian the U.S. government and if the deal comes through as a foreign military sales agreement, then a certain number of aircraft would be sold to India under ‘flyaway condition’, and the rest would be manufactured in India. These jets would also be exported to markets in the Middle -East, Eastern Europe and Asia.

 

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Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

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