Skip to content
Search

Latest Stories

Submit Guest Post

Defence minister: India keen to source defence technologies from Japan

India is looking to strengthen its military cooperation with Japan and is interested in sourcing defence technologies for domestic manufacture of arms and equipment, defence minister Arun Jaitley said.

Jaitley, who on Monday (8) met his Japanese counterpart Tomomi Inada, said India and Japan "a very strong relationship between (their) defence forces" and the two nations will pursue strategic partnership for regional peace and stability.


"There have been training and naval exercises. There is a lot of cooperation that takes place (between the two nations)," he said.

He said India is looking at Japanese technology for local manufacturing of defence equipment.

"Japan has a lot of defence technologies and India of course, has a great use of these technologies because we are attempting to have local manufacturing in India," he said.

India and Japan, he said, are looking at business-to- business cooperation.

This cooperation would be "both for the purposes of India buying (from Japan) and any possibility of India domestically manufacturing with their technologies."

Jaitley, who is also the finance minister, on Monday wrapped up a three-day visit to Japan where he attended an annual meeting of the Asian Development Bank and investor meets.

According to a report on his meeting with Japanese defence minister, he welcomed a planned trilateral naval exercise among the US, India and Japan in July as a way of strengthening cooperation in the Asia-Pacific.

"This is all reflective of the level of cooperation our armed forces have with each other," he said.

His visit to Japan, a staunch US ally, comes amid rising tension in the region

Prime minister Shinzo Abe has sought to expand Japan's defence role and capability amid security concerns over China and North Korea.

Add EasternEye As Your Trusted Source
preferred source on google news

More For You

Palantir CEO Alex Karp

Alex Karp says artificial intelligence could deepen wealth inequality even as it transforms the global economy

Getty Images

Palantir CEO Alex Karp says those who'll really get rich from AI are people you wouldn't invite to dinner

  • Alex Karp believes AI will make a handful of people vastly richer while average workers see far smaller gains.
  • The Palantir CEO says the biggest winners from AI may be people most of society cannot relate to.
  • Other business leaders and AI experts have also warned that the benefits of artificial intelligence could become heavily concentrated.

Artificial intelligence may improve living standards, but it could also create one of the widest wealth gaps in modern history. That is the warning from Palantir CEO Alex Karp, who believes the biggest financial rewards from the AI boom will flow to a small group of technology insiders rather than the wider public.

Karp's comments come as the AI industry continues to attract record investment, pushing the market values of technology companies to new highs. The debate over AI wealth inequality has also intensified, with business leaders and researchers questioning who will ultimately benefit from the technology's rapid growth.

Keep ReadingShow less