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Indo-US tech deals expand scope for private sector

India US trade

Business Standard Editorial Comment Mumbai

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The big-ticket tech deals signed during Prime Minister Narendra Modi’s state visit to the US, such as the joint venture with Micron Technologies and the General Electric-Hindustan Aeronautics tech-transfer agreement for fighter aircraft engines, appeared to benefit the government sector principally. But one constructive, if largely unnoticed, benefit of other agreements in the technology space is the major opportunities that have opened up for the Indian private sector. For instance, among the consequential treaties India signed was the Artemis Accords, the US-led initiative to foster international cooperation for space exploration to the moon and Mars. The headline news in this

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First Published: Jun 28 2023 | 10:13 PM IST

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