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Defence innovation summit to accelerate US-India co-development and co-production
PTI / JUN 19, 2023, 13:14 IST
WASHINGTON: Ahead of Prime Minister Narendra Modi's State Visit to the US, a select group of eminent defence sector firms from the two nations will participate in an innovative summit which would serve as a bridge and is expected to catapult the defence industrial cooperation between them like never before.
To be attended by some of the key private sector defence players from India and the US, the INDUS-X summit beginning June 20 will see the initiation of "Joint Challenges" under the Defence Innovation Bridge, focusing on common dual-use cases for both nations.
The inaugural INDUS X is expected to result in an Indo-US Joint Innovation Fund to boost deep tech defence startups in both countries.
This fund aims to utilise a Public-Private Partnership model to assemble funds and expertise.
The conference will involve leading universities, incubators, and accelerators. Partnerships with these entities will support defence innovation projects.
It will also see the USIBC launch a senior advisory group composed of government officials, industry leaders, and academic experts to guide future bilateral engagements under the INDUS X banner.
America's Ambassador to India, Eric Garcetti is scheduled to deliver a keynote address to launch INDUS X on Tuesday during which a Joint Working Group will be established to guide activities under the Defence Innovation Bridge.
This group will encourage interaction between startups and delegates of both countries, fostering mutual confidence, officials from organisers, the US India Business Council (USIBC), said.
It will also see USIBC launch a senior advisory group composed of government officials, industry leaders, and academic experts to guide future bilateral engagements under the INDUS X banner.
INDUS X is part of the broader strategic and defence partnership initiative, “the defence innovation bridge,” announced under the initiative on Critical and Emerging Technology (iCET) and led by the US Department of Defence and India's Innovation for Defence Excellence initiative under India's Department for Defence Production.
ICET was launched by National Security Advisor Ajit K Doval and his US counterpart Jake Sullivan in Washington DC early this year.
The two met in New Delhi last week as well.
During US Defence Secretary Lloyd Austin's recent visit to India, both sides-initiated negotiations on a Security of Supply Chain Agreement and Defence Procurement Agreement and established their Roadmap for Defense Industrial Cooperation.
The USIBC said the INDUS X conference builds off this momentum to cultivate a joint defence innovation ecosystem and foster co-development and co-production between the two nations.
US Undersecretary of Defence for Acquisition and Sustainment William A LaPlante, and the US Secretary of the Air Force, Frank Kendall, along with Dr Vivek Lall, from General Atomics, are other prominent speakers at the two-day event.
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Copyright © 2023 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service
Subscribe me for daily news updates
Defence innovation summit to accelerate US-India co-development and co-production
PTI / JUN 19, 2023, 13:14 IST
WASHINGTON: Ahead of Prime Minister Narendra Modi's State Visit to the US, a select group of eminent defence sector firms from the two nations will participate in an innovative summit which would serve as a bridge and is expected to catapult the defence industrial cooperation between them like never before.
To be attended by some of the key private sector defence players from India and the US, the INDUS-X summit beginning June 20 will see the initiation of "Joint Challenges" under the Defence Innovation Bridge, focusing on common dual-use cases for both nations.
The inaugural INDUS X is expected to result in an Indo-US Joint Innovation Fund to boost deep tech defence startups in both countries.
This fund aims to utilise a Public-Private Partnership model to assemble funds and expertise.
The conference will involve leading universities, incubators, and accelerators. Partnerships with these entities will support defence innovation projects.
It will also see the USIBC launch a senior advisory group composed of government officials, industry leaders, and academic experts to guide future bilateral engagements under the INDUS X banner.
America's Ambassador to India, Eric Garcetti is scheduled to deliver a keynote address to launch INDUS X on Tuesday during which a Joint Working Group will be established to guide activities under the Defence Innovation Bridge.
This group will encourage interaction between startups and delegates of both countries, fostering mutual confidence, officials from organisers, the US India Business Council (USIBC), said.
It will also see USIBC launch a senior advisory group composed of government officials, industry leaders, and academic experts to guide future bilateral engagements under the INDUS X banner.
INDUS X is part of the broader strategic and defence partnership initiative, “the defence innovation bridge,” announced under the initiative on Critical and Emerging Technology (iCET) and led by the US Department of Defence and India's Innovation for Defence Excellence initiative under India's Department for Defence Production.
ICET was launched by National Security Advisor Ajit K Doval and his US counterpart Jake Sullivan in Washington DC early this year.
The two met in New Delhi last week as well.
During US Defence Secretary Lloyd Austin's recent visit to India, both sides-initiated negotiations on a Security of Supply Chain Agreement and Defence Procurement Agreement and established their Roadmap for Defense Industrial Cooperation.
The USIBC said the INDUS X conference builds off this momentum to cultivate a joint defence innovation ecosystem and foster co-development and co-production between the two nations.
US Undersecretary of Defence for Acquisition and Sustainment William A LaPlante, and the US Secretary of the Air Force, Frank Kendall, along with Dr Vivek Lall, from General Atomics, are other prominent speakers at the two-day event.
FOLLOW US ON SOCIAL MEDIA
ELECTIONS
Madhya Pradesh Elections
Rajasthan Elections 2023
Chhattisgarh Elections
Telangana Election 2023
Mizoram Elections
Assembly Election 2023
Trending Stories
Live: SC to hear Bengal poll violence matter tomorrow
Manipur violence: Army soldier injured in unprovoked firing
Delhi-NCR wakes up to rain, traffic affected
IMD predicts heavy rain for next 5 days in Assam
Live: Chennai-bound int'l flights diverted due to bad weather
54 deaths in UP, 42 in Bihar in 3 days as heatwave sweeps north & east India
AAP vs BJP over shocking double murder in Delhi
DRDO, Navy achieve key milestone with latest Tapas UAV trial UK jails Indian student for raping a woman 'Underground tunnel road': Industry bosses moot ambitious idea to beat Bengaluru's traffic
MORE TRENDING STORIES
VISUAL STORIES
Brahmaputra water level rises as rain batters Assam
india
Cyclone Biparjoy likely to intensify into severe cyclonic storm today
india
A ir India passengers stranded in Russian town
india
R ahul Gandhi slams BJP, RSS for dwelling in the past, blaming others
india
Del hi Heatwaves: 8 Easy Ways to Beat the Heat
city
Indi a-Australia relationship is based on mutual trust and mutual respect:PMModi
india
Hotte st Indian Cities Amid Heatwave
india
'I wan t it Mumbai's way': Backstreet Boys back in India after 13 years
city
In MP's Bandhavgarh, signs of 2,000-year-old 'modern society'
city
Pictures : Pakistan foreign minister Bilawal Bhutto in India
india
MORE VISU AL STORIES
NEWS
WORLD NE WS
US NEWS
Defence Innovation Summit To Accelerate US-India Co-Development And Co-Production - Times Of India
About us
Priva cy policy
Terms of Use and Grievance Redressal Policy
POPUL AR CATEGORIES
Headl ines
Sport s News
Busin ess News
India News
World News
Bolly wood News
Healt h & Fitness Tips
India n TV Shows
Celeb rity Photos
HOT O N THE WEB
Karan Deol Wedding
Kajal Aggarwal
Healt hy Food
Adipu rush
Janhv i Kapoor
Lord Shiva AI Images
Paren ting Tips
Summe r Fruits
Baby Name
Bihar i Food
TOP T RENDS
Break ing news
Manip ur violence news
Chhat tisgarh Bus Accident
KEAM Rank List
JEE A dvanced Result 2023
Cyclo ne in Rajasthan
Heat wave in UP
Monso on 2023
Indon esia Open
Chenn ai Rain Updates
Manip ur Violence
Saksh i Malik
Rain in Assam
Himac hal Pradesh Kareri Lake
Engla nd vs Australia
Benga luru Dharwad Vande Bharat Express
Modi US visit schedule
India vs West Indies 2023
TREND ING TOPICS
Herba l Oil
Adipu rush Collection
Weigh t Loss Drink
Pooja Hegde
Jahnv i Chauhan
Oats Omelette Recipe
Kajal Aggarwal
Jiya Shankar
Bolly wood Actresses
Relat ionships Tips
Bigg Boss OTT 2 Contestant
Sonu Satheesh
Sonam Kapoor
Anupa m Kher
Karan Deol Wedding
Diana Penty
Vivo Y55s
Lapto ps under 30000
WiFi Routers
Table ts under 15000
LIVIN G AND ENTERTAINMENT
Viral News
Viral Videos
Femin a
ETime s
Grazi a
Zoom
Trave l Destinations
Bomba y Times
Cricb uzz.com
Film fare
TV
Life style
Long walks App
News paper Subscription
Food News
Time s Prime
What s Hot
SERV ICES
Coup onDunia
Magi cbricks
Tech Gig
Time sJobs
Boll ywood News
Time s Mobile
Gadg ets Now
Care ers
Colo mbia
Copyright © 2023 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service
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