|By Business Wire||
|August 12, 2014 05:00 AM EDT||
On the sidelines of U.S. Secretary of Defense Chuck Hagel’s visit to India, the U.S.-India Business Council (USIBC) convened several high-level industry meetings to clarify and implement the Defense Trade and Technology Initiative (DTTI). USIBC also met with key stakeholders in the Secretary's delegation.
The industry group hosted the Honorable Frank Kendall, Department of Defense Under Secretary for Acquisition, Technology, and Logistics, who is the U.S. co-chair of this important initiative which offers new areas for cooperation geared towards enhancing bilateral defense trade and technology transfer.
During Secretary Hagel's visit, Minister Arun Jaitley announced India's Ministry of Defence counterpart to the DTTI, which will be filled by the position of Secretary, Defense Production in India's Ministry of Defence.
"Secretary Hagel's visit marks an exciting new chapter in not only our bilateral strategic relationship, but in laying the foundation for greater defense industrial cooperation," said Diane Farrell, USIBC Acting President. "The net benefit of the DTTI will be felt on both sides, with American companies eager to partner more closely with Indian industry while harnessing India's vast manufacturing, research, engineering, and knowledge base," Farrell said.
During the Secretary's visit, defense industrial cooperation was featured significantly on the agenda of both Governments. USIBC will continue to support both U.S. and Indian stakeholders across Government and industry alike, and congratulates Secretary Hagel, Defense Minister Jaitley, and the new co-chairs of the Defense Trade and Technology Initiative on a successful visit.
Formed in 1975 at the request of the U.S. and Indian governments, the U.S.-India Business Council (USIBC) is the premier business advocacy organization advancing U.S.-India commercial ties. Today, USIBC is the largest bilateral trade association in the United States, with liaison presence in New York, Silicon Valley, and New Delhi, comprised of 300 of the top-tier U.S. and Indian companies. Ajay Banga, President & CEO of MasterCard, is USIBC's Chairman.
Oct. 13, 2015 03:00 AM EDT Reads: 399
Oct. 13, 2015 03:00 AM EDT Reads: 255
Oct. 13, 2015 03:00 AM EDT Reads: 321
Oct. 13, 2015 02:45 AM EDT Reads: 198
Oct. 13, 2015 02:30 AM EDT Reads: 181
Oct. 13, 2015 02:30 AM EDT Reads: 146
Oct. 13, 2015 02:00 AM EDT Reads: 388
Oct. 13, 2015 02:00 AM EDT Reads: 656
Oct. 13, 2015 02:00 AM EDT Reads: 313
Oct. 13, 2015 02:00 AM EDT Reads: 348
Oct. 13, 2015 01:00 AM EDT Reads: 375
Oct. 13, 2015 12:45 AM EDT Reads: 849
Oct. 13, 2015 12:15 AM EDT Reads: 242
Electric power utilities face relentless pressure on their financial performance, and reducing distribution grid losses is one of the last untapped opportunities to meet their business goals. Combining IoT-enabled sensors and cloud-based data analytics, utilities now are able to find, quantify and reduce losses faster – and with a smaller IT footprint. Solutions exist using Internet-enabled sensors deployed temporarily at strategic locations within the distribution grid to measure actual line lo...
Oct. 13, 2015 12:00 AM EDT Reads: 273
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Oct. 12, 2015 11:15 PM EDT Reads: 7,123