Washington is working to deepen ties with the world's largest democracy and sees deeper military-to-military and technology ties with the South Asian country as a key counterweight to China's dominance in the region.
The agreement comes weeks before Indian Prime Minister Narendra Modi visits Washington on June 22 for an official state visit and holds talks with President Joe Biden. "Both sides will identify opportunities for co-development of new technologies and co-production of existing and new systems and facilitate increased collaboration between defence start-up ecosystems of the two countries," it said.