India and the US are inching towards inking an industrial security pact that will unlock access to key defence technologies for the Indian industry, with officials saying the agreement could be finalised within a couple of months.
The Industrial Security Annex (ISA) will add to existing agreements on protection of classified military information and is critical for any transfer of technology by a US firm to its Indian partners. The draft of the annex has been circulated and is likely to get cabinet clearances in the coming weeks, following which the bilateral agreement will be signed. Read More…
