India, France adopt Innovation Roadmap 2030, Economic Security Dialogue

Prime Minister Narendra Modi and French President Emmanuel Macron adopted an Innovation Roadmap 2030 during bilateral talks in Nice on June 14, pairing artificial intelligence cooperation with economic security measures.

Officials said the Economic Security Dialogue will coordinate supply chain resilience for semiconductors, rare earth processing and dual-use aerospace components.

India and France signed memoranda covering small modular reactor research and maritime surveillance in the Indian Ocean, according to delegations traveling with Modi.

European Union observers noted the Nice agreements may influence how Brussels structures critical technology partnerships with Indo-Pacific democracies.

Indian exporters hope simplified licensing will accelerate shipments of aerospace parts manufactured in Bangalore and Hyderabad special economic zones before the next defense procurement cycle.

Business delegations traveling with Modi signed preliminary memorandums covering small modular reactor research and maritime surveillance cooperation in the Indian Ocean.

European Union observers said the Nice agreements may influence how Brussels structures its own critical technology dialogues with Indo-Pacific partners.

Indian exporters hope simplified dual-use licensing will accelerate shipments of aerospace components manufactured in Bangalore and Hyderabad special economic zones.

French aerospace firms attending the summit expressed interest in co-developing unmanned systems compatible with Indian naval procurement cycles.

 

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Sources:

https://www.thehindu.com/news/national/india-france-adopt-innovation-roadmap-2030-economic-security-dialogue/article71102259.ece/amp/

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