XXXV, No 19, 09/10/2017
India: USIBC raises concerns on liability and technology transfer
The US-India Business Council has written to India’s new defence minister regarding the status of U.S. firms as junior joint venture partners with Indian firms. The letter seeks assurances that American companies will retain control over sensitive and proprietary technology. The letter was submitted on August 3rd but was unreported until reviewed by Reuters.