Joe Biden-Narendra Modi Bilateral Meeting Expected To Take Forward Deals on GE Jet Engine and Civil Nuclear Technology
Biden posted on his social media account X, "I’m headed to the G20 – the premier forum for international economic cooperation – focused on making progress on Americans' priorities, delivering for developing nations, and showing our commitment to the G20 as a forum that can deliver."
Washington, September 8: US President Joe Biden and Prime Minister Narendra Modi are expected to make meaningful advancements on the GE jet engine deal and civil nuclear technology during their bilateral talks, National Security Advisor Jake Sullivan was cited in a Reuters report. Earlier this year, US General Electric (US GE) announced that it had inked an agreement with Hindustan Aeronautics Limited (HAL), the government’s aerospace and defence manufacturing firm, to jointly manufacture engines in India to power fighter jets for the Indian Air Force.
Biden departed from Andrew’s air base on Thursday for the 18th G20 Summit to be held at the state-of-the-art Bharat Mandapam Convention Centre at Pragati Maidan in New Delhi. Before boarding the flight for India, Biden posted on his social media account X, "I’m headed to the G20 – the premier forum for international economic cooperation – focused on making progress on Americans' priorities, delivering for developing nations, and showing our commitment to the G20 as a forum that can deliver." G20 Summit 2023: US President Joe Biden Heads to India for Summit, Says ‘Showing Our Commitment to G20 As Forum That Can Deliver’ (Watch Video).
US-based company GE opened its gates for the transfer of technology to India for the indigenous manufacture of jet engines in April this year. The agreement includes the potential joint production of GE Aerospace’s F414 engines in India. The effort is part of the Indian Air Force’s Light Combat Aircraft Mk2 program. The agreement will advance GE Aerospace’s earlier commitment to build 99 engines for the Indian Air Force as part of the LCA Mk2 program. In addition, GE will continue to collaborate with Indian government on the AMCA Mk2 engine program.
On the commercial side, Air India had also announced the biggest-ever purchase by an Indian airline of aircraft, including 400 single-aisle and 70 twin-aisle planes powered by engines built by GE and CFM International, a 50-50 joint company between GE and Safran Aircraft Engines. The blockbuster deal, ranking near the top of all deals worldwide, signalled the recovery of commercial aviation after years of Covid shutdown. G20 Summit 2023: Spain President Pedro Sánchez Tests Positive for COVID-19, To Skip Summit in Delhi.
GE had also announced agreements that deepen the company's investment in India's military. HAL continues to assemble the GE F404 family of engines that have powered each generation of the Tejas, the light combat aircraft (LCA) that evolved from that project.
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