INDUS-X is a part of the broader strategic and defence partnership initiative, “the Defence Innovation Bridge”, introduced below the initiative on Critical and Emerging Technology (iCET) and led by the U.S. Department of Defence and India’s Innovation for Defence Excellence initiative below India’s Department for Defence Production. File picture
| Photo Credit: PTI
Ahead of Prime Minister Narendra Modi’s State Visit to the U.S., a choose group of eminent defence sector companies from the 2 nations will take part in an revolutionary summit which might function a bridge and is anticipated to give a robust increase to the defence-industrial cooperation between the 2 nations.
INDUS-X is a part of the broader strategic and defence partnership initiative, “the Defence Innovation Bridge”, introduced below the initiative on Critical and Emerging Technology (iCET) and led by the U.S. Department of Defence and India’s Innovation for Defence Excellence initiative below India’s Department for Defence Production.
To be attended by among the key private-sector defence gamers from India and the U.S., the INDUS-X Summit starting June 20 will see the initiation of “Joint Challenges” below the Defence Innovation Bridge, focussing on frequent dual-use circumstances for each nations.
The inaugural INDUS-X is anticipated to end in an Indo-U.S. Joint Innovation Fund to increase deep tech-defence startups in each nations.
The fund goals to utilise a Public-Private Partnership mannequin to assemble funds and experience. The convention will contain main universities, incubators, and accelerators. Partnerships with these entities will assist defence innovation initiatives.
America’s Ambassador to India Eric Garcetti is scheduled to ship a keynote deal with to launch INDUS-X on June 20 throughout which a Joint Working Group shall be established to information actions below the Defence Innovation Bridge. This group will encourage interplay between startups and delegates of each nations, fostering mutual confidence, officers from organisers, the U.S.-India Business Council (USIBC), stated.
Also learn: India, U.S. shut in on jet engine deal, conclude street map for Defence Industrial Cooperation
It may also see the USIBC launch a Senior Advisory Group composed of presidency officers, trade leaders, and educational specialists to information future bilateral engagements below the INDUS-X banner.
iCET was launched by National Security Advisor Ajit Okay. Doval and his U.S. counterpart Jake Sullivan in Washington DC in early 2023.
The two NSAs met in New Delhi final week as effectively.
During U.S. Defence Secretary Lloyd Austin’s current go to to India, either side initiated negotiations on a Security of Supply Chain Agreement and Defence Procurement Agreement and established their street map for defence-industrial cooperation.
The USIBC stated the INDUS-X Conference builds on this momentum to domesticate a joint defence innovation ecosystem and foster co-development and co-production between the 2 nations.
U.S. Undersecretary of Defence for Acquisition and Sustainment, William A LaPlante, and the U.S. Secretary of the Air Force, Frank Kendall, together with Dr Vivek Lall, from General Atomics, are different distinguished audio system on the two-day occasion.
