EddieJayonCrypto

 30 Jan 25

tl;dr

India is aiming to become a semiconductor powerhouse through collaborations with Singapore and the United States, as part of a push to boost the electronics sector and reduce reliance on imports. The partnerships focus on developing semiconductor ecosystems, AI, and advanced computing. India's state...

India eyes becoming semiconductor powerhouse with new tie-ups

India is aiming to become a semiconductor powerhouse through collaborations with Singapore and the United States, as part of a push to boost the electronics sector and reduce reliance on imports. The partnerships focus on developing semiconductor ecosystems, AI, and advanced computing.

India's state of Odisha has signed agreements with Singapore to boost skill development in sectors including semiconductors. Additionally, India and the U.S. are deepening collaboration across key sectors, including semiconductors, biotechnology, cybersecurity, and space technology. The two nations are also advancing a semiconductor partnership to establish a fabrication plant in India.

Furthermore, India's External Affairs Minister highlighted the country's focus on technology, space, and defense, with Indian startups selected for India-U.S. space and defense collaboration.

India advances collaboration with the US

With the U.S., India is looking to deepen collaboration across key sectors, including semiconductors, biotechnology, cybersecurity, space technology, and advanced telecommunications. India and the U.S. are strengthening their technology partnerships amidst the ongoing trade war between the world’s two largest economies.

The countries are promoting secure, resilient, and sustainable semiconductor supply chains through collaboration between the U.S. Department of Commerce and the India Semiconductor Mission, MEITy, including facilitating investments in semiconductor manufacturing. The countries are also strengthening research and development collaboration around state-of-the-art semiconductor and packaging technologies.

Big leap in space, defense technology

India’s External Affairs Minister recently said, “Our (India-U.S.) relationship will be heavily based on technology. It will have a much bigger space component because the space domain is just beginning to open up. Defence is a crucial area.” Seven Indian startups have been selected for an India-U.S. space and defense collaboration, opening up strategic opportunities for Indian firms.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 19 Jun 25
 19 Jun 25
 19 Jun 25