Robert Besser
06 Jun 2023, 20:28 GMT+10
WASHINGTON D.C.: The Biden administration is expected to approve a deal allowing General Electric to assemble jet engines in India to power military aircraft manufactured there.
By the time President Joe Biden hosts Indian Prime Minister Narendra Modi for an official state visit to the US on 22nd June, a deal finalizing the joint production of engines is expected to have been signed.
In January, the White House said that it had received the application to jointly produce the engines in India.
Seeing the South Asian country as a key counterweight to China's dominance in the region, Washington is working to expand its own relations with the world's largest democracy and deepen their military-to-military and technology ties.
The world's largest weapons importer, India has relied on Russia for decades for some fifty percent of its military equipment, including fighter jets, tanks, nuclear submarines and an aircraft carrier.
Attracting the anger of Washington, Indian military forces have participated in military exercises with Russia and New Delhi has purchased inexpensive Russian crude oil, a key source of funding for Moscow's invasion of Ukraine.
To encourage companies from the US and India to cooperate, especially on military equipment and advanced technology, a broader joint partnership between the US and India was announced earlier this year.
India is keen to gain knowledge on how to manufacture aircraft engines.
Get a daily dose of Albuquerque Express news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Albuquerque Express.
More InformationNEW YORK: On Tuesday, former U.S. Congressman Stephen Buyer was sentenced to 22 months in prison for trading on inside ...
NEW YORK: This week, the Virginia-based Students for Fair Admissions, founded by affirmative action opponent Edward Blum, sued the U.S. ...
LONDON, U.K.: Jet engine maker CFM International said this week that thousands of engine components may have been sold with ...
BATAM, Indonesia: Due to mounting geopolitical tensions and protests against China's activities in the South China Sea, ASEAN member nations ...
FREMONT, California: This week, brain-chip startup Neuralink, owned by billionaire Tesla CEO Elon Musk, said an independent review board granted ...
BOSTON, Massachusetts: Officials said that a Delta flight from Chicago to Boston that was possibly struck by lightning landed safely ...
WASHINGTON D.C.: U.S. Transportation Secretary Pete Buttigieg has criticized the air traffic control staffing shortages in New York as "unacceptable" ...
BURBANK, California: A note by Needham media analyst Laura Martin released this week revealed that CEO Bob Iger told investors ...
TOKYO, Japan: This week, Toshiba revealed that a tender offer worth US$14 billion from Japan Industrial Partners (JIP) was a ...
HANOI, Vietnam: While the European Union (EU) is set to impose tariffs on its Chinese rivals, Vietnamese electric vehicle (EV) ...
BEIJING, China: In a country where weddings are traditionally grand and expensive events, China's wedding industry, estimated at some US$500 ...
PARIS, France: Amid the imminent launch of the iPhone 15, unions representing Apple store workers in France have called for ...