INDUS-X Summit 2024

  • 14 Sep 2024

The third edition of the INDUS-X Summit, held on September 9-10, 2024, in California, marked a significant advancement in the collaborative defence innovation ecosystem between India and the USA. Co-organized by the U.S.-India Strategic Partnership Forum (USISPF) and Stanford University, the summit emphasized the deepening of defence cooperation through innovation, joint research, and investment.

Key Outcomes

A major highlight of the summit was the signing of a Memorandum of Understanding (MoU) between India’s Innovations for Defence Excellence (iDEX) and the US Department of Defense’s Defence Innovation Unit (DIU). This agreement aims to enhance collaboration in defence innovation. The summit also saw the release of the INDUS-X Impact Report and the launch of a dedicated webpage for the initiative on both iDEX and DIU platforms.

Technological Showcase and Expert Dialogue

The summit provided a platform for startups and MSMEs to present cutting-edge technologies. Additionally, two advisory forums—the Senior Advisory Group and the Senior Leaders Forum—facilitated in-depth discussions on future technology trends, defence supply chain resilience, and funding opportunities for defence innovation. The discussions included contributions from experts across the defence industry, investment sectors, academia, and think tanks from both countries.

Leadership and Commitment

The Indian delegation was led by Amit Satija, Joint Secretary (Defence Industries Promotion), who underscored the commitment of both India and the USA to advancing defence technology through strategic collaboration. Since its launch in June 2023 during the Indian Prime Minister’s visit to the US, INDUS-X has achieved significant milestones, reinforcing its role in strengthening the US-India defence innovation partnership.