The U.S.-India initiative on Critical and Emerging Technology (iCET) was launched in 2022 at the direction of President Biden and Prime Minister Modi. It’s a strategic technology partnership that benefits both countries and their partners. Latest update by The White house is available here (January 6th, 2025)
Bharat Tech initiative plans to provide a platform for start-ups affiliated to the Indian Institutes of Technology (IITs) to develop synergetic partnerships with US Businesses in the seven iCET focus areas.
- Innovation Ecosystems
- Civilian and Defense Space Technology
- Defense Innovation and Industrial Cooperation
- Biotechnology and Biomanufacturing
- Semiconductor Supply Chains
- Clean Energy and a Critical Minerals Partnership
- AI, quantum computing etc.
The Bharat Tech initiative will supplement the academic research and institutional initiatives under the iCET framework.
The four initial pillars of Bharat Tech initiative are:
- Technical Collaboration
- Product Development
- Investments
- Marketing/Business Development/Sales
Following are the four roles in the matchmaking platform. Curated matchmaking will take place between the roles.
- Company
- Advisor and/or individual investor
- Venture Investor
- Sponsor/Service Provider
Webinars, interviews with IIT alumni in the US, business experts, as well as one-to-one interaction between carefully matched US entrepreneurs and Indian startups are planned.
In person events are planned in the US and India in the second half of 2025.