INDIA, US COMPANIES SHOULD GO FOR JV IN DEFENCE EQUIPMENT DEVELOPMENT, PRODUCTION

This way each sector will benefit from each other's expertise

he said, speaking through the virtual mode at a Defence news conclave organised 

 US consulate general here in collaboration with NGO Cuts International.

US companies should go for joint ventures, development and production of defence equipment. 

He said that Indian companies should go for joint ventures and become partners

This way each sector will benefit from each other's expertise

- Warren Buffett

Joint development will result in new types of equipment and abilities

both India and USA have personnel who can give a new direction to technology

claiming that the two countries can be an unmatched force if they bond together.

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