India,US about to wrap up defense deal

defense deal, Manohar Parrikar, India, US

Defense Minister Manohar Parikkar is scheduled to hold his third meeting with US Defense Secretary Ash Carter today, at which officials hope to wrap up a defense deal which has been in the works for a while.

US officials are of the opinion that calling the defense partnership “the most ambitious one over the past several years”,previewing the meetings on background, that the logistics agreement between the two countries — Logistics Exchange Memorandum of Agreement (LEMOA) — which was finalized during Prime Minister Narendra Modi’s June visit, could be signed in the near future whether or not if that is going to be part of minister’s visit or not.

Also on Monday, Secretary of State John Kerry will be reaching New Delhi for the seventh India-US Strategic and Commercial Dialogue. This is his fourth trip to India as secretary.

He will be joined by commerce secretary Penny Pritzker for the dialogue on Tuesday, along with representatives from 12 US agencies.

- Advertisement -

Kerry is also scheduled to hold bilateral meetings with External Affairs Minister Sushma Swaraj and National Security Adviser Ajit Doval.The secretary of state will also meet Modi.

Modi and Obama are also likely to meet, for possibly the last time for Obama as president, during a G20 meeting in China starting on September 4. It is not clear if they will have a bilateral meeting or just a pull-aside.

By EB Bureau

- Advertisement -
Loading form…

Industry's Buzz

Micron

Micron Settles Netlist AI Patent Dispute for $600m

0
US memory giant agrees five-year licensing deal for high-bandwidth AI memory technology, ending litigation after Texas court verdicts. Computer-memory manufacturer Netlist has announced that Micron...

Astute Group Appointed Franchised Distributor for Samwha Capacitor Group

0
Strategic agreement expands Astute’s passive and magnetic component line-card ahead of Electronica 2026 in Munich. Astute Group has signed a global franchise distribution agreement with...
Image for representation purpose

Japanese Semiconductor Companies Expand India Presence

0
Japan’s semiconductor companies are expanding equipment, materials, technology and training ties with India as the country builds its chip manufacturing ecosystem and addresses supplier...
LG logo

LG To Supply Integrated Cockpit Electronics For Renault’s First Commercial SDV

0
LG Electronics will supply Renault’s first mass-produced commercial SDV with a unified instrument cluster and infotainment platform, helping consolidate cockpit electronics and reduce system...
Intel

Intel and Applied Materials Team Up to Accelerate Next-Gen AI Chip Processors

0
Founding partnership at Silicon Valley’s EPIC Centre targets advanced Foveros 3D packaging, power delivery, and transistor engineering. Intel Foundry and Applied Materials have entered into...

Learn From Leaders

Does India’s Chip Packaging Growth Need Local Materials At Scale?

0
What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

0
A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

0
Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...
Jin Bains, CEO, Mini-Circuits

Mini-Circuits CEO Jin Bains on Navigating High-Frequency Component SWaP-C Constraints, Emerging Markets, and Career...

0
In this exclusive, Jin Bains, Chief Executive Officer (CEO) of Mini-Circuits, explains in a conversation with Dilin Anand of EFY about areas of emerging...

India Needs Not a Hundred, But Thousands of Chip Diversified Companies 

0
Can India build a semiconductor ecosystem beyond fabs? Indiesemic believes thousands of diversified chip companies are needed to make that possible. India’s semiconductor push is...

Startups

PowerMon

Aquaexchange Brings Monitoring And Automation To Shrimp Farming

0
The startup has developed an AI- and IoT-enabled platform that helps shrimp farmers manage farms, access financing, monitor operations, and connect with markets. The startup...

Drone-Like Aircraft For Logistics From BluJ Aerospace

0
Hyderabad-based BluJ Aerospace is developing indigenous electric and hydrogen-powered vertical take-off and landing (VTOL) aircraft for remote cargo transport. BluJ Aerospace, a Hyderabad-based aerospace startup...
Jash Jetly, Co-founder and CEO of EVE

“The cloud isn’t the only way to run AI. We’re proving it can happen...

0
A startup is building a decentralised AI and communication network that runs across everyday devices instead of centralised cloud servers. In an interview, Jash...
Mohit Gupta, founder and CEO, TYLsemi

Building AI Chips, One Block at a Time 

0
What if building an AI chip became as simple as assembling reusable blocks? The startup is working to make custom silicon accessible beyond the...
Seema Johar, Co-Founder and Product Director, Compcarta Solutions Pvt Ltd

“We Let Designers Focus on Innovation, Not Infrastructure.”- Seema Johar, Compcarta Solutions

0
In an exclusive interview, Seema Johar of Compcarta speaks with EFY’s Akanksha Sondhi Gaur about why setting up an EDA environment can be harder...