New Delhi, November 30
Foreign Secretary Shyam Saran today said India was currently exploring contours of cooperation with the United States that include technology transfers, co-production, joint development and
collaborative research in the field of defence.
Mr Saran welcomed the first meeting of the Indo-US Defence Procurement and Production Group and said efforts were under way in India to foster growth of private sector in defence.
Addressing the opening session of the Fourth India-US High Technology Cooperation Group Meeting, Mr Saran said: “Partnerships and investments encouraged by our offset policy may be expected to contribute to that trend.”
UN Under Secretary of Commerce for Industry and Security David McCormick said concerted efforts had been made to intensify dialogue with Indian defence acquisition community.