PM Modi’s US Visit: Here Are the Major Takeaways in Defence, Business and Other Areas

News Snapshot:

Prime Minister Narendra Modi’s maiden state visit was marked by several major takeaways to boost cooperation in key areas including defence, space and trade. Some of the big ticket announcements are: Defence A joint production of fighter jet engines in India- in a landmark pact, GE Aerospace inked a MoU with Hindustan Aeronautics Limited (HAL) to jointly produce fighter jet engines for Indian Air Force’s Light Combat Aircraft (LCA)-Mk-II — Tejas. The agreement includes the potential joint production of GE Aerospace’s F414 engines in India, and GE Aerospace continues to work with the US government to receive the necessary export...