India-Us Deals



Why in news?

👉Coinciding with Prime Minister Modi’s first state visit, India and the U.S. have announced a slew of deals in defence cooperation, space technology, AI and other areas. 


80% Tech transfer for Jet-engine
:

👉The U.S.-India joint statement mentions the “landmark” signing of a Memorandum of Understanding between General Electric (GE) and Hindustan Aeronautics Limited (HAL) for the manufacture of GE F414 jet engines in India, for the Light Combat Aircraft (LCA) Mk2-  this deal marks the end of the technology denial regime.


Semiconductors:

👉Micron Technology (a US company) will invest around USD 2.75 billion in the next five years to build a new semiconductor assembly and test facility in India.
      - This further involves USD 400 million investment in 4 years to set up a collaborative engineering center along with the training of 60,000 Indian engineers.


31 MQ-9B drones:

👉Joe Biden and Prime Minister Narendra Modi welcomed India’s plans to procure General Atomics MQ-9B High Altitude Long Endurance (HALE) Unmanned Aerial vehicles (UAV).

👉MQ-9Bs, which will be assembled in India, will enhance the Intelligence, Surveillance, and Reconnaissance (ISR) capabilities of India’s armed forces across domains.


Artemis Accords:

👉India signs global Artemis accord with US, to share data resources over Moon mission.

👉Nasa has welcomed India as the 27th Artemis accords signatory. The new agreement aims to boost cooperation between the two countries and explore the domain beyond the boundaries of Earth.

👉The Artemis Accords is a non-binding multilateral arrangement between the United States government and other world governments participating in the Artemis program, an American-led effort to return humans to the Moon by 2025, with the ultimate goal of expanding space exploration to Mars and beyond.


India as a US Ally:


👉Despite the vast mutual, strategic interests of the two countries, India cannot be termed as a ‘US ally’ due to its foreign policy approach of non-alignment.
       - Indian leaders across parties and over decades have long prioritized foreign policy independence as a central feature of India’s approach to the world.

👉Especially since the end of the Cold War, Indian leaders have sought to improve ties with the US, but not by curtailing India’s independent approach to foreign policy.
Previous
Next Post »