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Rajnath Singh invites US defence companies to invest in India

Defence Minister Rajnath Singh on Monday urged American companies to come and invest in India and support the 'Make in India' programme. "I have talked to American companies for Make in India and aerospace and world programme. I have invited them for these programmes," Singh told reporters at a joint news conference with External Affairs Minister S Jaishankar along with their American counterparts Defence Secretary Lloyd Austin and Secretary of State Tony Blinken. "We are talking to US companies for co-development and co-production. We are proposing it to them. We have asked the US companies to work in the UP and Tamil Nadu corridor and invest in that area," he said at the conclusion of the India-US 2+2 ministerial, the first of the Biden administration.

 "I have insisted that India would focus on co-developmental productions and all the investors should come to India. They are welcome. And because in India they can develop the 'Make in India' because we want to build and make everything in India," Singh told reporters in response to a question. In a decade, our defense suppliers from USA rose from negligible to a cumulative around of over USD 20 billion. We look forward to US companies investing in India and support the Make In India programme, he said.


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