What are PM Modi’s USA visit 2023 important deals and agreement?

Asked 03-Jul-2023
Updated 03-Jul-2023
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Prime Minister Narendra Modi's visit to the United States in June 2023 yielded a number of important deals and agreements between the two countries. These included:

  • A joint production agreement between General Electric and Hindustan Aeronautics Limited (HAL) to manufacture jet engines in India. This is a significant deal, as it will give India access to cutting-edge jet engine technology, which it has not previously been able to obtain. The engines will be used to power India's next-generation Tejas 2 fighter jets.
  • The procurement of armed drones by India from the United States. These drones will be used for a variety of purposes, including surveillance and counterterrorism. The deal is worth an estimated $3 billion.
  • An investment of up to $825 million by US semiconductor technology firm Micron Technology in a new chip assembly and test facility in India. This investment will help to boost India's semiconductor manufacturing industry.
  • India's joining of the US-led Artemis Accords on space exploration. This agreement will allow India to participate in future Artemis missions to the Moon.
  • An agreement on a framework for human spaceflight cooperation between India and the United States. This agreement will pave the way for future joint missions involving astronauts from both countries.

These are just some of the important deals and agreements that were signed during PM Modi's visit to the United States. These deals will help to strengthen the strategic partnership between the two countries and boost economic cooperation. They also send a strong signal of the growing importance of India in the global arena.

In addition to these specific deals, PM Modi's visit also served to reaffirm the strong ties between India and the United States. The two leaders discussed a wide range of issues, including the global economy, climate change, and security. They also agreed to work together to address the challenges posed by China.

Overall, PM Modi's visit to the United States was a success. It resulted in a number of important deals and agreements, and it helped to strengthen the strategic partnership between the two countries.