Boosting Defence ties
A new agreement was declared between New Delhi and Washington, involving the co-production of F414 fighter jet engines in India by HAL and GE. Additionally, India will acquire 30 American Reaper drones of about $3 billion.
Space Tech
NASA and the Indian Space Research Organisation (ISRO) have mutually agreed to conduct a collaborative mission in the upcoming year to visit the International Space Station.
In addition to that, India has decided to join the Artemis Accords, an American-led effort to send humans to the Moon again by 2025, with the ultimate goal of expanding space exploration to Mars and beyond.
People-to-people connect
During PM Modi’s visit, the US offers benefits for Indians, including simplified visa renewal for skilled workers on H-1B visas within the country. Additionally, the US plans to open consulates in Bengaluru and Ahmedabad, fostering closer people-to-people connections.
Semiconductor push
Micron announced its plan to invest in Cabinet approved $2. 7 billion assembly and test plant in Gujrat. Micron will invest $825 million (around Rs 6,760 crore and the rest from the government in two phases.