What is the U.S.-India Initiative on Critical and Emerging Technology (iCET)?
26-08-2023
10:32 AM
1 min read
Overview:
India’s Minister of Commerce and Industry and U.S. Secretary of Commerce welcomed the recently launched U.S.-India initiative on Critical and Emerging Technology (iCET).
Why in News?
- Recently, the National Security Advisors of India and the US led the inaugural meeting of the iCET in Washington, DC.
About the U.S.-India initiative on Critical and Emerging Technology (iCET):
- It was launched by the US President and Indian Prime Minister on the sidelines of the Quad summit on May 2022.
- Goal: To elevate and expand Indo-U.S. strategic technology partnership and defense industrial cooperation between the governments, businesses, and academic institutions of the two countries.
- The initiative will be spearheaded by the National Security Council Secretariat in India and the US National Security Council.
- The initiative would help forge links between the government, academia, and industry in areas such as AI, quantum computing, 5G/6G, biotech, space, and semiconductors.
- Under iCET, the two sides have identified six focus areas of co-development and co-production:
- strengthening innovation ecosystems;
- defense innovation and technology cooperation;
- resilient semiconductor supply chains;
- space;
- STEM (science, technology, engineering, and math) talent;
- next-generation telecom;
Q1) What is quantum computing?
Quantum computing is a multidisciplinary field comprising aspects of computer science, physics, and mathematics that utilizes quantum mechanics to solve complex problems faster than on classical computers.
Source: India, US relaunch commercial dialogue on supply chain, establish semiconductor partnership