Lockheed extends scientific support programme in India

May 2nd, 2008 - 9:27 pm ICT by admin  

New Delhi, May 2 (IANS) Leading US fighter jet manufacturer Lockheed Martin Friday announced extension of its scientific support programme in India for the next two years. Lockheed Martin Corp’s (LMC) senior vice-president and chief technology officer Ray O. Johnson said the ‘India Innovation Growth Programme’, which started last year, was a great success and had helped many young entrepreneurs market their products.

“We have tried to work out problems faced by entrepreneurs. Even if they come up with some innovative concept or solution, they fail to market it. This is what we have taught them in our programme. We would continue to support it for Indian entrepreneurs,” Johnson told an award presenting ceremony for Indian innovators here.

Presenting the awards to 14 Indians who have worked in developing technologies, Indian Institute of Technology (IIT), New Delhi, chairman V.S. Ramamurthy said Indians were by nature “innovative”.

He called upon big entrepreneurs and industrial houses to share the risk by tying-up with small and innovative entrepreneurs.

Ramamurthy later told IANS that though the Indian government, too, has many schemes and plans to help small entrepreneurs, they did not help them market their products.

“The government schemes provide you funds and infrastructure. The rest, one has to do on his own risk,” he said.

Lockheed has guided the entrepreneurs right from training them to marketing their products, he claimed.

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