Anniversary of INDUS-X Marks New Milestone in India-US Defence Ties

The India-US Defence Acceleration Ecosystem (INDUS-X) celebrates its first anniversary, marking significant advancements in defence innovation cooperation. Launched during PM Modi's visit to Washington, DC, INDUS-X has enhanced private sector partnerships and facilitated high-end technology exchanges between the two countries.


PTI | Washington DC | Updated: 22-06-2024 09:22 IST | Created: 22-06-2024 09:22 IST
Anniversary of INDUS-X Marks New Milestone in India-US Defence Ties
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The India-US Defence Acceleration Ecosystem, INDUS-X, celebrates its first anniversary, underscoring the commitment of the two strategic partners to forging a defence innovation bridge under the Critical and Emerging Technology Initiative (iCET), according to a US Department of Defence press release.

INDUS-X was inaugurated 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. This initiative aims to enhance strategic and defence partnerships between the two nations.

Over the past year, INDUS-X has strengthened the commitment to building a defence innovation bridge under iCET, launched by PM Modi and US President Joe Biden during the QUAD summit in Tokyo on May 24, 2022. INDUS-X has facilitated private sector cooperation by fostering partnerships among defence technology companies, investors, and researchers.

Looking ahead, the third INDUS-X Summit is scheduled to take place in Silicon Valley in September 2024, focusing on harnessing private capital for defence innovation. The summit will be co-hosted by the US-India Strategic Partnership Forum (USISPF) and Stanford University, signifying robust India-US defence and strategic ties.

In recent years, the two nations have signed significant defence and security pacts, including the Logistics Exchange Memorandum of Agreement (LEMOA) in 2016, COMCASA in 2018, and the BECA pact in 2020, further boosting bilateral defence collaboration.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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