Indian Defense News: India and the US have finalised a new
Framework Agreement on Defence Cooperation which would replace the
existing deal which expires in June, government has said.
Defence Minister Manohar Parrikar, in a written reply in the Lok Sabha,
said that a dialogue has been established between India and the US
under the Defence Technology and Trade Initiative (DTTI) for
co-development and co-production of unique and exceptional technologies
of mutual interest.
Defence Technology and Trade Initiative is an establishment which the
US and India have established to overcome obstacles in the release of
technology to New Delhi.
Responding to another question, Mr Parrikar said at present there is no
proposal to set up a new laboratory of Defence Research and Development
Organisation (DRDO) in the country.
"However, Hindustan Aeronautics Ltd proposes to set up a production unit in Tumkur district of Karnataka," he said.
The Bharat Dynamics Ltd also proposes to set up a unit at Ibrahimpatnam
in Telangana and another unit in Amravati, Maharashtra, he said.
