WASHINGTON: US aerospace giant Lockheed Martin has announced its support to the India Innovation Growth Programme Startup Conference to be held in New Delhi next week as part of its effort to enhance the Indian innovation ecosystem, a top official of the company said.

The India Innovation Growth Programme (IIGP) 2.0 is a unique tripartite initiative of the India’s Department of Science and Technology (DST), Lockheed Martin and Tata Trusts.

It aims to enhance the Indian innovation ecosystem by enabling innovators and entrepreneurs through the stages of ideation and innovation, to develop technology-based solutions for tomorrow.

“Lockheed Martin Aeronautics in conjunction with its Rotary, Mission Systems, Missiles and Fire Control business areas as well as our Indian partner Tata will be supporting the India Innovation Growth Programme Startup Conference next week in Delhi,” Vivek Lall, vice president strategy and business development for Lockheed Martin said.

Addressing at the Second leadership Summit of the US-India Strategic and Partnership Forum (USISPF) on Thursday here, Lall said Lockheed Martin’s Tier 1 suppliers would be present at the event which will also have nearly 40 Indian startups.

“A primary objective will be to promote and enhance India’s innovation ecosystem through partnerships and relationships facilitated through this function,” he said.

Lall also announced that Lockheed Martin and Tata will host a three-day Suppliers Conference immediately after the innovation conference in New Delhi.

“Lockheed Martin and Tata will host a three-day conference where nearly 30 of Lockheed Martin’s Tier 1 suppliers will have the opportunity to meet with over 70 Indian companies of all sizes to form relationships, assess capabilities, generate partnerships and further enhance the Government of India’s ‘Make in India’ objectives,” he said.

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