U.S. and India set to announce flurry of deals spanning defense, chips and A.I.
The U.S. and India are set to announce a slew of defense and technology collaborations on Thursday during Prime Minister Narendra Modi’s state visit, U.S. officials said.
From deepening defense and military ties to greater collaboration on technology and diversification of supply chains, senior administration officials discussed a wide range of deals in a briefing with reporters.
“The nature, the depth and breadth of our deliverables for this is unprecedented,” said one of the officials.
India has overtaken China as the world’s most populous country and is set to become the third-largest economy in the coming years.
“India will be a critical strategic partner for the United States in the coming decades,” one official said.
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Source: https://www.cnbc.com/amp/2023/06/22/us-and-india-set-to-announce-flurry-of-deals-on-defense-chips-ai.html