Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

PM Modi, President Biden hail decision to manufacture of GE F-414 engines in India

PTI
Updated: June 23rd, 2023, 09:39 IST
in Business, Home News, International
0
GE HAL engine

OP Pic

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Washington: The decision taken by General Electric to manufacture jet engines in India through transfer of technology is a landmark agreement, Prime Minister Narendra Modi said Thursday, noting that this will give India-US defence cooperation a “new character”.

GE aerospace has announced it has inked a pact with Hindustan Aeronautics Limited (HAL) to jointly produce fighter jet engines for the Indian Air Force’s Light Combat Aircraft (LCA)-Mk-II Tejas.

Also Read

Odisha CM Mohan Charan Majhi

Odisha clears 8 mega industrial projects with total investment of Rs1.51 lakh crore

7 hours ago

Iran halts live state TV coverage following Israeli airstrike

8 hours ago

“The decision taken by General Electric to manufacture engines in India through transfer of technology is a landmark agreement,” Prime Minister Modi told reporters at a joint news conference with US President Joe Biden at the White House.

This also opens up new job opportunities in both countries, he said and added that “this will give our defence cooperation a new character in the times to come”.

“The defence industries and startups of both countries are important partners in this cooperation. Bringing them together is the key objective of our defence industrial roadmap,” Modi said.

In a joint statement, President Biden and Prime Minister Modi hailed the landmark signing of the MoU between GE and HAL.

“This trailblazing initiative to manufacture F-414 engines in India will enable greater transfer of US jet engine technology than ever before. The leaders committed their governments to working collaboratively and expeditiously to support the advancement of this unprecedented co-production and technology transfer proposal,” it said.

Modi said the close defence cooperation between India and the US symbolises the mutual trust and shared strategic priorities.

“Moving away from the old buyer seller relationship we had earlier, we have transitioned today to a relationship involving transfer of technology, co-development and co-production,” he said.

Expressing their desire to accelerate defence industrial cooperation, the two leaders in the joint statement welcomed the adoption of a Defense Industrial Cooperation Roadmap.

This will provide policy direction to defence industries and enable co-production of advanced defense systems and collaborative research, testing, and prototyping of projects. Both sides are committed to addressing any regulatory barriers to defence industrial cooperation, according to the statement.

Modi and Biden also noted the decision of India’s Ministry of Defence and the US’ Department of Defense to commence negotiations for concluding a Security of Supply arrangement and initiate discussions about Reciprocal Defense Procurement agreement.

They also welcomed India’s emergence as a hub for maintenance and repair for forward deployed US Navy assets and the conclusion of Master Ship Repair agreements with Indian shipyards, the statement said.

This will allow the US Navy to expedite the contracting process for mid-voyage and emergent repair.

It said as envisaged in the Defense Industrial Roadmap, both countries agree to work together for the creation of logistic, repair, and maintenance infrastructure for aircraft and vessels in India.

The two leaders welcomed the setting up and launch of the US-India Defense Acceleration Ecosystem (INDUS-X).

The statement said as a network of universities, startups, industry and think tanks, INDUS-X will facilitate joint defence technology innovation, and co-production of advanced defence technology between the respective industries of the two countries.

The US Department of Defense’s Space Force has signed its first International Cooperative Research and Development Agreement with Indian start-ups 114 AI and 3rdiTech. Both companies will work with General Atomics to co-develop components using cutting edge technologies in artificial intelligence and semiconductors respectively, said the joint statement.

PTI

Tags: EnginesGeneral ElectricHALIndiaJoe BidenNarendra ModiUS
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019

Archives

Editorial

Mid East Great Again

Iran's private message to Israel: ‘Can intervene if military campaign continues in Gaza’
June 16, 2025

For decades, current Israeli Prime Minister Benjamin Netanyahu has been warning about the “existential threat” that a nuclear-armed Iran poses...

Read more

Nameless Doctrine

June 15, 2025

On 12 June, the United Nations General Assembly adopted a resolution demanding an immediate, unconditional and lasting ceasefire in Gaza....

Read more

Graft in ED

June 14, 2025

When a senior Enforcement Directorate (ED) officer gets caught in a graft case, eyebrows go up. But when insiders start...

Read more

Clash of Titans

June 11, 2025

The world is watching with bated breath the fierce showdown between the richest man on earth Elon Musk and the...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST