Lockheed Martin to grow, invest more in India

NEW DELHI: American aerospace major Lockheed Martin, which has offered to build F16 fighter jets under the Make in India initiative, has shown interest in expanding

NEW DELHI: American aerospace major Lockheed Martin, which has offered to build F16 fighter jets under the Make in India initiative, has shown interest in expanding its footprint in the country and stepping up investments, officials said on Thursday. Marillyn Hewson, chairman, president and CEO of Lockeed Martin, met commerce minister Nirmala Sitharaman on Wednesday and held detailed discussions. “The discussions focussed on relaxing FDI norms and stepping up investments,” a ministry source said. Hewson also met top officials of the defence ministry, besides other business leaders.

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