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The S. Department of Defense (DoD) and the Indian Ministry of Defense (MoD) launched the IndiaU.S. Defense Acceleration Ecosystem (INDUS-X).
It aims to expand the strategic technology partnership and defence industrial cooperation between the two countries.
Jet engine tech transfer
Engine manufacturer GE Aerospace announced signing a MoU with Hindustan Aeronautics Ltd. (HAL) to produce fighter jet engines for the indigenous Light combat aircraft (LCA).
It includes the joint production of F414 engines in India for the IAF as part of the LCA Mk2 programme.
Semiconductor testing and assembly facility
S. semiconductor and chip maker Micron Technology Inc’s announced that it would invest up to $825 million in a new chip assembly and test facility in Gujarat.
Easing Visa renewable protocols:
S.A is announcing a pilot programme to renew visas domestically — which means that applicants do not have to travel outside the U.S. to get their renewal stamps — for certain petition-based temporary workers.
This programme could expand to cover H1B and L-1 skilled visas by 2024 and to other categories eventually.
Space cooperation
India signed on to the Artemis Accords, a US-led alliance seeking to facilitate international collaboration in planetary exploration and research.
The Artemis Accords, established by the US and seven partner countries in 2020, are a set of 13 principles that seek to promote peaceful and cooperative exploration of space.
ISRO will partner with the NASA in sending a joint mission to the International Space Station, a permanent laboratory in space, in 2024.
Purchase of Predator UAV
A mega deal on the purchase of MQ-9 “Reaper” armed drones by India was welcomed.
Critical Minerals supply chains
India to join Mineral Security Partnership (MSP), a US-led collaboration of 14 countries that aims to catalyse public and private investment in critical mineral supply chains globally.
Cooperation in the Indo-Pacific
US will join the Indo-Pacific Oceans Initiative (IPOI), a regional initiative to promote a safe, secure, and stable maritime domain.
IPOI was launched in 2019 by India’s PM at the East Asia Summit held in Bangkok.