Technology could well play a defining role in deepening the India-US partnership. A number of collaborations support this view. A beginning may be the 'Initiative on Critical and Emerging Technology' (iCET) that happened in January 2023. The strategic technology partnership involves both governments, businesses and academic institutions to realise their shared vision to take the alliance forward.

To that effect, policies and regulations could be adapted to facilitate technology sharing, co-development and co-production opportunities. Then, in June 2023, the 'Strategic Trade Dialogue' was flagged with the intent of enabling greater technology transfer between both nations. This was one of the many outcomes of Modi’s recent visit to the US at Biden's invitation. Both leaders have issued joint statements about forthcoming collaborations.

Chip shortage is a global issue, weighing down both the electronics and auto industries, stalling...