NEW DELHI: US based arms company
Lockheed Martin CEO
Jim Taiclet on Thursday joined
Prime Minister Narendra Modi
. The CEO acknowledging the promising talent and capabilities of the local work force in India said that the world's oldest and the world's largest democracies are committed to strengthening
bilateral ties
.
"As a trusted partner of over three decades, we recognize the promising talent and capabilities of the local industry and remain committed to strengthening the
defence and industrial ties
between our two nations, the company said in a statement.
Lockheed Martin, an American multinational corporation specializing in aerospace, arms, defense, information security, and technology, has exported nearly millions worth of defense products from India to the
Last year, PM Modi paid a state visit to the US. The arms company described the visit as " truly historic". This visit is going to take our relationship (
India-US ties
) to the next level and I think that's a cross-hold sector for supply chain resilience, " the company said in a statement after Modi's state visit.
"PM Modi's visit made US and India's ties stronger than before. Several investments have been announced during the visit. Around 120 thousand Indian American doctors are currently working in the US, and around 28,000 hotels are owned by Indian Americans in the US," Deputy commissioner for New York City mayor's office for international affairs, Dilip Chauhan said adding that it was the best time for economic engagement between the two countries.