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We look at the number of engineers coming out of India; we look at the growth of the economy, and it's clear that India is a place we want to be.

The U.S. is looking to India as more then just a marketplace for our defense products, but as a technology, aerospace and strategic partner for our future endeavors.

In terms of development of the company, the vast majority of our sales are in the Far East and we will expect to strengthen our activities there, perhaps even moving some of our engineering activities abroad.

India has the capability to create a fairly extensive defence manufacturing capability in many areas, and as a country and as an industry, we have matured in terms of technology and capability to make this happen.

We live in an inter-dependent world. An isolated India is not in our interest.

We are not a country that subscribes to policing any part of the world. The areas we are comfortable with are capacity building, intelligence sharing, exchange of ships, call on each other's ports, joint training and exercises.

My administration is focused on continuing to grow our economic foundation while ensuring emerging industries have the infrastructure and workforce they need to succeed in the global economy.

It has been my aim throughout present operations to afford the greatest amount of protection to life and property interests, and troops have been stationed accordingly.

It's a mistake to believe technology rests outside India. We compete very successfully.

I think all of us who have been in Afghanistan on the ground multiple times know that what we're doing there on the ground is just not sustainable.