India and the U.S. have identified 17 new areas for potential cooperation under Defence Technology and Trade Initiative (DTTI).
- DTTI, a flagship scheme launched in 2012, aims to enhance bilateral strategic partnership, particularly in high technology.
- Some private companies expressed interest in manufacturing fighter aircraft in India.
- The progress made by two joint working groups – one on aircraft carrier technology cooperation and other on jet engine technology.
- The change in policy is expected to allow U.S. companies working with their Indian counterparts to submit transfer requests for technology.