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India-US Defence Partnership: The Road Ahead
India-US defence ties on a firm footing • Indo-US ties have grown stronger over the past decade, encouraging the two nations to cooperate and grow together, agnostic of political ideologies. • The new FDI policy, along with India’s corporate tax reduction to 15 per cent for new manufacturing companies, makes India an attractive market for US companies to increase their investments. The current US investments in India are empirical evidence to the fact, that if this co-operation grows, it shall tremendously benefit both countries. • Major factors contributing towards this are requirement of a strategic geopolitical partnership in the IndoPacific region, safeguarding national interest, and a gradual change in global supply chains.
Geopolitical changes, together with recent political disturbances, appear to have set the stage for a defining partnership in the IndoPacific region – between India and the US. The steady growth in India’s defence expenditure only adds room to boost Indo-US ties – especially for new age and hightech defence systems – given the need for a strategic geopolitical partnership in the Indo-Pacific region, safeguarding national interest, and a gradual change in global supply chains.
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