Bilateral Trade Agreement (BTA) initiated to reduce trade barriers and streamline regulations.
Aim to achieve $500 billion trade target by 2030, boosting Indian exports to the U.S. and greenfield investments by Indian companies in the U.S.
Technology & AI Collaboration:
U.S.-India TRUST Initiative to deepen strategic tech ties in AI, semiconductors, quantum computing, space, and biotech.
India-U.S. AI Roadmap to attract investments in data centers, computing power, and AI models, boosting Indian startups.
Defence & Industrial Cooperation:
10-year Framework for Major Defence Partnership: Joint production of military systems and expanded technology transfers.
Potential for offset clauses to benefit Indian industry and promote indigenous manufacturing.
Energy Security & Sustainability:
Strengthened energy cooperation, including hydrocarbon production and modular reactor development for clean energy.
U.S. natural gas reserves to support India’s net-zero targets.
Infrastructure & Digital Economy:
India-Middle East-Europe Economic Corridor (IMEC): Joint rail, road, and smart city projects.
Proposed undersea cables to strengthen India’s digital services exports.
Higher Education Linkages:
U.S. universities to establish campuses in India, enhancing student mobility and easing legal frameworks.
Way Forward
Boosting private sector engagement in trade, technology, and defence.
Expanding plurilateral trade & digital partnerships for global integration.
Strengthening India’s position as an AI and energy hub.
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