INDUS-X defence initiative between US, India marks 1st anniversary
PTI, Jun 22, 2024, 10:56 AM IST
Representative image (credit: iStock)
Washington: The India-US Defence Acceleration Ecosystem has advanced the commitment of the two strategic partners to building a defence innovation bridge under the Critical and Emerging Technology Initiative, the US has said on the partnership’s first anniversary.
INDUS-X, which stands for enhanced strategic and defence partnership between India and the US, was launched on June 21 last year by the US Department of Defence and the Indian Ministry of Defence during Prime Minister Narendra Modi’s state visit to Washington, DC.
“In its first year, INDUS-X has advanced both countries’ commitment to build a defence innovation bridge under the initiative on Critical and Emerging Technology (iCET),” the Department of Defence said in a press release on Friday.
The iCET was launched by Prime Minister Modi and US President Joe Biden on the sidelines of the QUAD summit in Tokyo on May 24, 2022.
“INDUS-X has strengthened private sector cooperation between the United States and India by facilitating partnerships among defence technology companies, investors, and researchers,” the press release said.
The third INDUS-X Summit will take place in Silicon Valley in September 2024 with a focus on harnessing private capital for defence innovation, it said, citing a recent announcement by the White House.
The summit will be co-hosted by the US-India Strategic Partnership Forum (USISPF) and Stanford University.
The India-US defence and strategic ties have been on an upswing in the last few years.
The two countries have inked key defence and security pacts over the past few years, including the Logistics Exchange Memorandum of Agreement (LEMOA) in 2016 that allows their militaries to use each other’s bases for repair and replenishment of supplies.
The two sides also signed COMCASA (Communications Compatibility and Security Agreement) in 2018 which provides for interoperability between the two militaries and also provides for the sale of high-end technology from the US to India.
In October 2020, India and the US sealed the BECA (Basic Exchange and Cooperation Agreement) pact to further boost bilateral defence ties. The pact provides for the sharing of high-end military technology, logistics and geospatial maps between the two countries.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Maharashtra: Jewellers face challenges in business as wedding season clashes with poll season
Maharashtra Elections | CM Shinde using Marathi TV serials for campaigning, Congress alleges
Misuse of social media platforms by terrorists to be borne in mind by courts while sentencing: HC
Forest department creating hurdles in development of Gadchiroli district: Gadkari
Ensure level playing field in campaigning: Congress to EC after Rahul’s chopper delay
MUST WATCH
Latest Additions
Siddaramaiah will resign as CM before Belagavi assembly session, claims BJP’s Vijayendra
Mangaluru: 3 key suspects in cyber fraud cases arrested
Yakshadhruva Patla Foundation women’s wing launched in Udupi
Champions Trophy: ICC puts PCB’s ‘PoK’ tour on hold after BCCI’s strong objection
Maharashtra: Jewellers face challenges in business as wedding season clashes with poll season
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.