What is the News?
The US Department of Defence (DoD) and the Ministry of Defense launched the India-US Defense Acceleration Ecosystem (INDUS-X).
What is India-US Defense Acceleration Ecosystem
To foster collaboration and innovation between Indian and US defence startups, promoting technological advancements in the sector.
INDUS-X would spearhead several initiatives that will complement existing government-to-government collaboration.
–These initiatives include joint prize challenges for start-ups, roundtable events, mentor-protege initiatives between major primes and startups, formation of a Senior Advisory Group, academic and startup programming partnerships with universities and collaboration of startups with defence majors’ supply chains.
Significance of INDUS X
The launch of INDUS X marks a significant milestone in the defence relations between India and the United States. This collaborative platform aims to harness the potential of Indian and US start-ups, academia, and industries to drive innovation in critical areas such as Space and AI. By fostering co-development, co-production, and deepening collaborations, INDUS X paves the way for a mutually beneficial partnership, contributing to the advancement of defence technologies and strengthening the strategic ties between the two nations.
- The launch of iCET as a landmark event in India-US relationship. The India-US relationship is growing exponentially. There is enormous potential for startups of both nations to collaborate in deeptech innovations, especially in the Space and Artificial Intelligence (AI) domain.
India-US Defence Acceleration Ecosystem (INDUS X) launched in Washington, USA