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INDUS-X defence initiative between U.S., India marks first anniversary

INDUS-X defence initiative between U.S., India marks first anniversary

The Hindu
Saturday, June 22, 2024 05:28:04 AM UTC

The India-U.S. Defence Acceleration Ecosystem strengthens strategic partnership through innovation and technology initiatives, fostering private sector cooperation.

“The India-U.S. 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 U.S. has said on the partnership’s first anniversary.

INDUS-X, which stands for enhanced strategic and defence partnership between India and the U.S., was launched on June 21 last year by the U.S. 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 June 21.

The iCET was launched by Prime Minister Modi and U.S. 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 U.S.-India Strategic Partnership Forum (USISPF) and Stanford University. The India-U.S. defence and strategic ties have been on an upswing in the last few years.

Read full story on The Hindu
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