In their initial meeting, US DOD and Indian MOD discussed their capabilities in the underwater realm.

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Participants talked on fostering innovation and giving both nations’ armed forces the tools they need to keep the Indo-Pacific region open and free.

The inaugural Indus-X Senior Advisory Group meeting with the Indian Ministry of Defence (MoD) was announced by the US Department of Defence (DoD).

Both governments can exchange innovative ideas on the Indus-X platform to improve their defence acceleration eco-system.

The ‘Roadmap for US-Indian Defence Industrial Co-operation,’ reached in June of this year, summarised the two nations’ increased defence ties and served as the foundation for this platform.

Indus-X’s first meeting focused on encouraging start-up innovation.

The conference was co-chaired by Mr Anurag Bajpai, Joint Secretary (Defence Industries Promotion) of the Indian MoD, and Mr Doug Beck, Director of the US Defence Innovation Unit (DIU), as well as Deputy Assistant Secretary for South and Southeast Asia Lindsey Ford.

Participants talked about current programmes to promote innovation and give both nations’ armed forces the tools they need to protect an open and free Indo-Pacific.

The first two collaborative challenges have been announced, with the first two topics being submarine communication and maritime intelligence, surveillance, and reconnaissance.

The challenges, which are in line with the “Roadmap for US-Indian Defence Industrial Co-operation,” give start-ups in both nations the chance to create technological answers to common defence problems. The most promising technologies will receive financial awards, along with possible procurement opportunities, and the challenges will be made available to start-ups later this month by the DIU and iDEX.

The Non-Governmental Stakeholder Initiatives to Implement the Indus-X Collaboration Agenda were Applauded by the Senior Advisory Group.

50 Indian start-ups attended a programme on August 25 presented by Hacking4Allies and IIT-Hyderabad to prepare them for commercialization, talent acquisition, and growth.

A virtual gathering of academics, government figures, and business representatives from the US and India was organised on August 29 by Pennsylvania State University and IIT-Kanpur to further discussions on creating innovation ecosystems in cutting-edge fields including AI, space exploration, and cyber.

The Group also took note of initiatives made by private investors to raise money for start-ups in US and Indian defence and dual-use technology. In order to boost innovation and integration between their various private defence sectors, they also promised to facilitate a wider two-way movement of finance.

Data on the Undersea Capability Market

GlobalData intelligence claims that in order to increase survivability, boost efficiency, and lower the long-term costs of naval operations, navies around the world are increasingly investing in the development and integration of unmanned surface vehicles (USV) and unmanned underwater vehicles (UUV).

The global UUV market is expected to spend $379 million in 2023 and $965 million in 2033, according to GlobalData, as it continues to set new records.

The development of autonomous mine countermeasure capabilities and the adoption of hybridised fleet projects by various countries, notably China, France, Russia, the UK, and the US, continue to be the main drivers of demand for military UUVs.

However, the market for USVs continues to grow far faster than that for UUVs; according to GlobalData, the value of the worldwide USV market will increase from $894 million in 2023 to $3.16 billion in 2033.

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