Transforming the Relationship Using Strategic Technology (India-US TRUST) was the name of the initiative: Is this really helpful?
(Image Source: U.S Embassy)
Declared during the Indian Prime Minister's trip to Washington, it intends to improve collaboration in areas such as advanced materials, pharmaceuticals, and critical minerals.
• Promote both public and private investments to increase manufacturing capacity and generate employment in the United States and India.
• Reduce obstacles to technology transfer, deal with export regulations, and improve high-tech trade to increase exports.
• creates reliable and robust supply chains for active pharmaceutical ingredients, semiconductors, essential minerals, etc.
• recovery and processing of vital minerals, such as rare earth elements and lithium, in order to counter China's hegemony and diversify supply chains.
• encourages innovation by igniting cooperation between the public and private sectors in areas of critical and emerging technologies, such as defense, artificial intelligence, quantum technology, etc.
• promotes the acquisition of vital mineral assets by public and private sector enterprises overseas by fortifying the government's National Critical Mineral Mission.
Due to geopolitical factors and limited global production, these components—which are building blocks of essential modern technologies—are susceptible to supply chain disruptions.
Also Read: Elon Musk’s Tesla Inc. begins hiring in India, highlighting plans for expansion
• Samarium and neodymium are used in defense to create high-performance magnets for radars, fighter jets, and missiles.
• Advanced batteries for energy storage and electric cars use lithium and cobalt power.
• Terbium and Europium improve medical diagnostics and biotech imaging.
CSIR UGC NET June 2025: Application window open till June 23
Delhi schools to lead clean-up awareness drive under 'Maa Yamuna Swachhta Abhiyan’
Punjab YouTuber held in widening spy ring linked to expelled Pak diplomat, army handlers
Impeachment cloud over Justice Varma: Govt seeks cross-party backing ahead of parliament Monsoon session
Bihar cabinet unveils major overhaul in education and welfare sectors
Kohli rises at midnight as RCB conquers IPL 2025 trophy after years of heartbreak
‘Losses don’t matter’: India’s top General breaks silence on Operation Sindoor losses
Shreyas Iyer outsmarts Bumrah to power Punjab Kings into IPL 2025 final
IAS officer under fire for directing Dalit students to clean toilets in Telangana
Tesla stalls on ‘Make in India’: EV giant to open showrooms, skips manufacturing plan
CSIR UGC NET June 2025: Application window open till June 23
Delhi schools to lead clean-up awareness drive under 'Maa Yamuna Swachhta Abhiyan’
Punjab YouTuber held in widening spy ring linked to expelled Pak diplomat, army handlers
Impeachment cloud over Justice Varma: Govt seeks cross-party backing ahead of parliament Monsoon session
Bihar cabinet unveils major overhaul in education and welfare sectors
Kohli rises at midnight as RCB conquers IPL 2025 trophy after years of heartbreak
‘Losses don’t matter’: India’s top General breaks silence on Operation Sindoor losses
Shreyas Iyer outsmarts Bumrah to power Punjab Kings into IPL 2025 final
IAS officer under fire for directing Dalit students to clean toilets in Telangana
Tesla stalls on ‘Make in India’: EV giant to open showrooms, skips manufacturing plan
Copyright© educationpost.in 2024 All Rights Reserved.
Designed and Developed by @Pyndertech