Q. What is your view on the ‘Make in India’ programme?
We are very supportive. Lockheed Martin has been in India for 25 years and we have seen the way things have developed. It is positive. The government has been saying that it is relying on imports to the tune of 70 percent; that is not sustainable from the national security point of view. ‘Make in India’ is a realistic ambition in the area of defence.
Q. Does India have the necessary environment for this programme to succeed?
I think so. When it comes to demand, pure Indian demand may not be enough for manufacturers to set up facilities here. They will have to get into the global supply chain. PM Narendra Modi has repeatedly said ‘Make in India; Make for the world’. The skill base is there and in terms of suppliers, it can be developed.
(This story appears in the 27 November, 2015 issue of Forbes India. To visit our Archives, click here.)