The India-US Defence Acceleration Ecosystem (INDUS-X) was launched by the defense departments of India and the US on Wednesday, aimed to expand the strategic technology partnership and defense industrial cooperation between the two countries, informed an official press release. “This initiative builds on a commitment by the US and Indian National Security Advisors in January 2023 to launch an ‘Innovation Bridge’ to connect US and Indian defense start-ups as part of the US-India initiative on Critical and Emerging Technology (iCET),” the official release stated.

According to the release, the support of both governments will lead to closer cooperation between the private sectors and will catalyze innovation by the research institutions within the defense industrial bases. Through INDUS-X will strengthen India-US defense industrial ecosystems to make them more innovative, accessible, and resilient.

The two-day catalyst event was hosted by the US-India Business Council at the US Chamber of Commerce. Defense innovation stakeholders from across the governments, academic and research organizations, investors, defense firms, technology incubators, industry associations, and other start-up enablers came together to develop ambitious initiatives to drive INDUS-X forward.

Several prospective actions were taken during the event to advance the collaboration agenda Under the Bilateral Cooperation Mechanism, a Senior Advisor Group (SAG) will assess the progress of the collaboration agenda and make recommendations to the defense establishments and other INDUS-X stakeholders for future work, the release stated.

The US Institute of Peace (USIP), Carnegie India, USIBC, the US-India Strategic Partnership Forum (USISPF), and the Society of Indian Defence Manufacturers (SIDM) will convene follow-on programming to drive implementation of the collaboration agenda and identify barriers to implementation for the SAG’s consideration. Several Industry and Academia-led initiatives were also taken, under which the Indian and US defense firms intend to identify opportunities to establish formal and informal mentoring with start-ups to assist with market access, business strategy, and technology know-how, the release added.

Under the Accelerator Program for Defense Start-ups, the Information Technology Industry Council (ITIC), and the Indian Institute of Technology (IIT) Hyderabad, in collaboration with additional INDUS-X stakeholders, have expressed their intent to explore opportunities to provide startups with jointly defined problem sets, mentoring, and exposure in defense commercialization, business development, product refinement, technology advancement, funding opportunities, and other areas. Under the Academic and Start-up Programming Partnerships with Universities and Accelerators; Pennsylvania State University, IIT Madras, and IIT Kanpur have expressed their intent to lead best practice workshops with Indian and American universities and accelerator partners, such as labs, Technology Hub (T-HUB), IITs, and Hacking for India, to exchange best practices in defense innovation, fielding, and commercialization, the release stated.

Other than this, several collaborations of start-ups with Defence Majors’ Supply Chains were also discussed, under which the Indian and US defense firms may explore options for supply chain collaborations with start-ups. During the INDUS-X event, several Public-Private Partnerships were also discussed. Under this, both the countries in collaboration with external stakeholders, will explore joint challenges for U.S. and Indian start-ups that leverage common dual-use cases for both countries, the release further stated.

Source ANI