Despite growing tensions between India and the US over President Donald Trump’s tariffs, the first nuclear technology transfer deal has been signed under the US-India 123 Civil Nuclear Agreement. The signing ceremony, which took place in Washington DC was attended by executives from Flowserve US and India’s CORE Energy Systems Ltd, as well as US Department of Energy (DOE) officials and representatives of the Indian Embassy.
Flowserve US and CORE Energy Systems formalised a ground-breaking agreement to transfer Primary Coolant Pump (PCP) technology to India, a key component for reactor safety and efficiency. The deal, approved by US DOE and India’s Department of Atomic Energy, enables Flowserve to share advanced, safety-critical nuclear pump designs for local manufacture in Coimbatore.
“This achievement… marks a significant step forward in India’s nuclear growth and the global clean energy transition,” said Ihab Botros, Vice President and General Manager, Engineered Pumps at Flowserve US. “For over two decades, CORE has driven India’s strategic engineering journey,” said Nagesh Basarkar, Chairman and Managing Director of CORE Energy Systems. “This collaboration strengthens national supply‑chain resilience.”
The technology localisation is expected to strengthen India’s domestic supply chain, enable private sector participation, and reduce reliance on foreign imports, aligning with the “Atmanirbhar Bharat” (Self-reliant India) and “Make in India” initiatives.
