India, US ink MoU on semiconductor supply chain, innovation partnership

03/10/2023

New Delhi, Mar. 10: India and the United States on Friday signed a Memorandum of Understanding (MoU) on establishing a semiconductor supply chain and innovation partnership under the framework of the India-US Commercial Dialogue.

The pact was signed after the annual commercial dialogue 2023 between the two sides.

At the invitation of Union Minister of Commerce and Industry Piyush Goyal, US Secretary of Commerce Gina Raimondo is on a visit to New Delhi. During the visit, the commercial dialogue was re-launched on the occasion to discuss cooperation for unlocking new trade and investment opportunities between the two countries.

The MoU seeks to establish a collaborative mechanism between the two governments on semiconductor supply chain resiliency and diversification in view of the US’s CHIPS and Science Act and India’s Semiconductor Mission.

It aims to leverage the complementary strengths of both countries and facilitate commercial opportunities and the development of semiconductor innovation ecosystems through discussions on various aspects of the semiconductor value chain. The MoU envisages mutually beneficial R&D, talent and skill development.-Agencies

Related News

China, Pakistan and Russia trying to figure out what to do with Taliban, says Biden

Washington, Sept. 8: China, Pakistan, Russia and Iran are trying to figure out what do they do now with the Taliban, US President Joe Biden said on Tuesday. Hours after the Taliban announced the details of its interim government, Biden told reporters that China had a "real problem" with the…

more

Indo-Canadian lawmaker condemns killing of Indian youth, says fight to eradicate racism must continue

Toronto, Sept. 9: An Indo-Canadian lawmaker on Thursday condemned the murder of an Indian youth in Canada’s Nova Scotia province, saying hate, violence and racism have no place in the country and the fight to eradicate these menaces must continue. Prabhjot Singh Katri, 23, was found murdered at an apartment…

more

Interim Taliban govt does not reflect what international community hoped to see: US

Washington, Sept. 10: The interim Taliban government does not reflect what the international community and the United States hoped to see, the Biden Administration said on Thursday. "We have spoken about our reaction to the initial caretaker government. You have heard us say that the lack of inclusivity, the track…

more

India, Australia emphasise on importance of combating terrorism without compromise

New Delhi, Sept. 11: In a high-level foreign and defence ministerial dialogue, India and Australia on Saturday set out an ambitious framework for defence with Afghanistan as a major subject of discussion. During the inaugural ‘two-plus-two’ talks between External Affairs Minister S Jaishankar and Defence Minister Rajnath Singh and their…

more

Afghan musicians flee Kabul, fearing for their lives and dire future for art under Taliban rule

Peshawar, Sept. 12: Ashraf Gulzar, an Afghan singer, mentioned the Taliban have banned all music programmes in Kabul which is a matter of concern for the individuals related to the music trade. The scheduled music occasions organized with Pakistani artists in Kabul, Jalalabad, and different large cities of Afghanistan have…

more

Taliban breaking promises, including over women, says UN

Geneva, Sept. 13: Afghanistan’s Taliban rulers have contradicted public promises on rights, including by ordering women to stay at home, blocking teenage girls from school and holding house-to-house searches for former foes, a United Nations official said on Monday. High Commissioner for Human Rights Michelle Bachelet said Afghanistan was in…

more

Video

Find Us on Facebook

From Social

Tehran, June 21: As India presses ahead with Operation Sindhu to evacuate its citizens from Iran amid intensifying hostilities in the Middle East, the Indian Embassy in Tehran has announced that, upon formal requests from the governments of Nepal and Sri…

India to evacuate Nepalese, Sri Lankan nationals from Iran amid escalating tensions    

Kathmandu, Nov. 24: The joint training exercise "SURYA KIRAN-XVII" of Nepali Army and Indian Army is starting from 24 November 2023 in Pithoragarh, India. The Nepalese army team that will participate in the exercise, which will be attended by the…

Nepal-India Joint Military Training Excerise Surya Kiran Begin Today    

New Delhi, May 5: Indian Prime Minister Narendra Modi will be the guest of honour for this year’s Bastille Day Parade in Paris scheduled to take place on July 14.  In a statement, the Ministry of External Affairs (MEA) of…

Indian PM Modi to attend Bastille Day Parade in Paris as guest of honour on July 14