Congratulations # Major boost for India in terms of defense technology.According to US secretary of commerce, Wilbur Ross at the Indo-Pacific Business Forum, "We have granted to India, a Strategic Trade Authorization status STA-1 that's (a) very important status under our export control regime and acknowledges US-India security and economic relationship."
The implications of the above will reduce the number of licenses needed for US exports to India, means India can get easy access to the latest of the defense technologies. As per the report, the new status would provide India with "greater supply chain efficiency in terms of both for defense & for other high-tech products". In addition, "It will also help India in upgrading its defense requirement and also helps India in building a very strong defense ecosystem."
Yet another major strategic overseas achievement for India.