"After 40 years of cold wintry relations between the two democracies, the weather has changed in the last 10 years. We should use this spring to facilitate and promote agreements of mutual benefit in science and technology," he said
inaugurating a roundtable on 'Indo-US Public Private Partnership in R & D Technology Endeavours: The Road Ahead'.
India has a huge human resource in science and technology but it lacks infrastructure. There is a need for "flagship" programmes between the two nations so that resources could be used for mutual good, he added.
"We can make the best use of resources available in both the countries only through sharing," Sibal said and suggested creating a "critical mass" of resources to help in technology innovations.
Director of the Centre for Science, Technology and Security Policy, US, Norman P Neureiter said "We need to combine our resources to accelerate developmental process".
Flagship agreements between the two countries could open a new horizon and "expand opportunities in the field of science and technology, both in India and the US".
Stressing on the need for "innovative and cutting edge" technologies, Sibal said "We need products that can do without basic infrastructure...".
He suggested having more institutions for research and development in science and technology, besides "We need to find dual or multiple applications of existing technologies. Bio-technology could be used both in agriculture and health".
Experts from both the countries would be deliberating on issues to share the resources of both the countries for mutual benefit, he said.