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India-U.S. defence acceleration ecosystem summit to be held at Stanford University next month

India-U.S. defence acceleration ecosystem summit to be held at Stanford University next month

The Hindu
Saturday, August 31, 2024 12:56:11 AM UTC

Top leaders gather at INDUS-X Summit to enhance cross-border defense innovation ecosystems between India and the US.

The third edition of the India-U.S. Defence Acceleration Ecosystem (INDUS-X) Summit will be held at the Stanford University in California early next month, during which top defence leaderships from the two countries would brainstorm on enhancing cross-border defence innovation ecosystems.

Former Secretary of State Condoleezza Rice are among the key leaders to address the summit to be hosted by U.S. India Strategic and Partnership Forum (USISPF) along with Stanford University’s Gordian Knot Centre for National Security Innovation and the Hoover Institution on September 9 and September 10.

The INDUS-X summit will bring together top policymakers from Washington and New Delhi to strengthen advanced technology partnerships in defence innovation, a media release said. The Summit will link Indian and American leaders in defence innovation from startups, venture capital, academia, accelerators, and industry, with opportunities for co-production and investments in both nations, it said.

The 3rd INDUS-X Summit is themed around “harnessing investment opportunities to enhance cross-border defence innovation ecosystems” and will spotlight the role of private capital/investments in the defence innovation sector.

INDUS-X was launched in June 2023 to expand the strategic technology partnership and defence industrial cooperation between Indian and the U.S. governments, businesses, accelerators/incubators, investors, and academia.

Innovations for Defence Excellence (iDEX) and the Defence Innovation Unit (DIU) and the Office of the Secretary of Defence (OSD) lead INDUS-X for the Indian Ministry of Defence and the U.S. Department of Defence (DoD), respectively.

Launched ahead of the historic state visit of Prime Minister Narendra Modi to the U.S., the first edition was held in Washington DC on June 21 last year. The event saw a first-of-its-kind joint showcasing of innovative technologies by Indian and U.S. start-ups. As many as 15 Indian start-ups and 10 U.S. start-ups from multiple domains of maritime, AI, autonomous systems, and space, showcased their technologies to the stakeholders.

Read full story on The Hindu
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