Defence Minister Rajnath Singh has said the Indo-US cooperation will go a long way to restore normalcy besides further boosting the economic dynamism.<br />'' <br />''He said, pandemic has brought new challenges in terms of disruption to supply chains, downturn in industrial activities, negative growth in travel and tourism industries.<br />'' <br />''Mr Singh said this while addressing the Indo-US Economic Summit' organised by the Indo-American Chamber of Commerce through a video conference.<br />'' <br />''He said, the economic and technological cooperation between India and the United States became stronger in the post-cold war era, much stronger during the global war against terrorism and still more robust alongside Indo-US strategic partnership.<br />'' <br />''The Minister said, the Foreign Original Equipment Manufacturers can set up manufacturing facilities individually or partner with Indian companies through a Joint Venture or technology agreement to capitalize on the Make in India opportunity.<br />'' <br />''He expressed hope that there is a lot of scope for the American and Indian defence Industries for co-production and Co development.<br />'' <br />''He said, the Indian industry can also supply components to American Industries.<br />'' <br />''<span style="color: #222222;">Mr Singh said, the American Firms such as Lockheed Martin and Boeing already have a major presence in India and he is confident that other American firms will also find New Delhi as a major investment destination for Defence Manufacturing. The Minister said, the time is ripe for Indo-American Business Cooperation to move forward from a buyer-seller relationship to a more meaningful and sustainable economic and business cooperation benefiting both the countries.</span><br />