Don’t miss the latest developments in business and finance.

Lockheed Martin to increase women staff in India from 5% to 50%

Lockheed Martin employs about 1,000 people in India

File photo: Lockheed Martin
Lockheed Martin and Boeing are both bidding to supply combat jets to India's military
Press Trust of India Hyderabad
Last Updated : Nov 29 2017 | 1:01 AM IST
US aerospace giant Lockheed Martin on Tuesday said it wants to increase the number of women staff in India to 50 per cent from 5 per cent currently.

The company employs about 1,000 people in India and out of this only 5 per cent are women.

"We have set an ambitious target of taking this to 50 per cent," Lorraine M Martin, deputy executive Vice President, Lockheed Martin (RMS) told reporters here.

More From This Section

She is here to participate in the Global Entrepreneurship Summit 2017.

The company, she added, is taking several steps to enhance interest of girls towards technology and engineering disciplines in the US and they would try to replicate those steps in India.

She further said huge potential exists in India in innovation and the only challenge is to tap that.

However, Martin pointed out that a clause in India's Factory Act prohibits women to work on machines after 5 pm.

"It is limiting the abilities of women," she said hoping that the issue would be addressed by the Indian government.

Talking about the presence of the company in India, she said they are working with Indian government on several products.

She also said space science is an important area for enhancing cooperation with India.

Lockheed Martin in June singed a deal with the Tata Group to produce, operate and export the combat-proven F-16 fighters in India. Under the deal, Lockheed will shift its Fort Worth, Texas plant to India.

Also Read

First Published: Nov 29 2017 | 1:01 AM IST

Next Story