However, GSOMIA does not cover the exchange of classified information with Indian private industry. Washington wanted this covered too, given New Delhi’s emphasis on the proposed “strategic partnership” (SP) model of procurement. The SP model involves the manufacture of defence equipment by Indian private firms, using technology supplied by American “original equipment manufacturers” (OEMs).
For this, Washington asked New Delhi to sign an annexure to GSOMIA 2000, which would cover the Indian private sector. That agreement, called the Industrial Security Agreement (ISA), was signed in December 2019. Now that is being taken further.
“During the summit, both sides agreed in principle to establish the Indo-US Industrial Security Joint Working Group. This group will meet periodically to align the policies and procedures expeditiously that will allow the (two countries’) defence industries to collaborate on cutting edge defence technologies,” stated the Indian MoD on Friday.