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Tribune News Service
New Delhi, June 23
India and the US identified nearly two dozen technology partnerships during the direct talks between Prime Minister Narendra Modi and US President Joe Biden, Foreign Minister Vinay Mohan Kwatra said at the end of the day’s official engagement in Washington on Thursday.
Mega investments
- Micron to establish an assembly line and test facility with an investment of 2.75 billion dollars
- Advanced applied materials to invest 400 million dollars to establish an engineering center
- Lam Research to train 60,000 Indian engineers
- Joint development and commercialization of AI and quantum technologies
“You can clearly see that technology, especially advanced technology, is one of the main outcomes of the visit and the discussions between the leaders,” he said.
Technology cooperation is focused on transfer, trade and services as well as research, cooperation and development of technologies in various sectors, said the foreign minister. In this regard, he mentioned that Micron plans to invest a total of about 2.75 billion dollars to establish an assembly line and testing facility in India. Lam Research has decided to train 60,000 Indian engineers and plans to invest $400 million in Advanced Applied Materials to set up a technology-focused engineering hub. It was decided to develop a quantum coordination mechanism and a quantum information and science and technology agreement under the Critical and Emerging Technologies initiative. This is in addition to consulting on quantum entanglement exchange, quantum economy development consortium and R&D under the Indo-US Science and Technology Endowment Fund.
Kwatara mentioned joint development and commercialization of AI and quantum technologies, high-powered computing technology and development of source codes. Google’s AI research center has announced that it will continue to invest through its $10 billion digitalization fund.
In S&T, it was an implementation arrangement that deals with cyber physical systems and a secure and trusted cyberspace. The two sides agreed to support joint projects involving semiconductors, next-generation communications, cyber security, green technologies and intelligent transportation systems.
There are also half a dozen deals in the India-US defense industry cooperation roadmap and energy, including GE’s plans to build jet engines and buy MQ-9B Reaper drones.
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