Tech
Commerce Minister Piyush Goyal with US Commerce Secretary Gina Raimondo (Pic Via Twitter)
India and the United States have signed a memorandum of understanding (MoU) establishing semiconductor supply chain and innovation partnership under the framework of India–US Commercial Dialogue.
The MoU was signed by India's Commerce Minister Piyush Goyal and visiting US Commerce Secretary Gina Raimondo on Friday (10 March).
Raimondo is on a visit to New Delhi on the invitation of Goyal.
The MoU seeks to establish a collaborative mechanism between the two governments on semiconductor supply chain resiliency and diversification in view of US’s CHIPS and Science Act and India’s Semiconductor Mission.
The pact aims to leverage complementary strengths of both countries and facilitate commercial opportunities and development of semiconductor innovation ecosystems through discussions on various aspects of semiconductor value chain.
The MoU envisages mutually beneficial R&D, talent and skill development, according to a Commerce Ministry release on Friday (10 March)
During Raimondo's visit, the India-US Commercial Dialogue was also re-launched to discuss cooperation for unlocking new trade and investment opportunities between the two countries.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest