India-US Defence Acceleration Ecosystem (INDUS-X) was launched in June 2023 to build defence innovation bridge between two countries under initiative on Critical and Emerging Technologies (iCET).

• INDUS-X facilitates partnerships among U.S. and Indian defense companies, incubators and accelerators, investors, and universities.

Achievements of INDUS-X

• Commercial collaborations between defence companies of two countries in various defence domains such as intelligence, surveillance, and reconnaissance (ISR) and semiconductors. 
• Exploration of modalities for joint innovation funding between two countries. 
• Indus-X Gurukul: A hybrid information series for U.S. and Indian defense start-ups.
• Industry-Academia linkage: Exchange of best practices on technology transfer and licensing, advancing research in emerging defence technology domains etc. 

India-US Defence Technology Cooperation

• In 2016, US designated India as a “Major Defence Partner”.
• Defence agreements include:
  • Logistics Exchange Memorandum of Agreement (LEMOA) in 2016, 
  • Communications Compatibility and Security Agreement (COMCASA) in 2018,
  • Industrial Security Agreement in 2019 and 
  • Basic Exchange and Cooperation Agreement (BECA) in 2020. 
• iCET: Overarching umbrella framework for technology cooperation, it covers commercial as well as defence technologies.
• US-India Roadmap for Defence Industrial Cooperation: To fast track technology cooperation and coproduction in areas of mutual interest.