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India, Japan sign pact for semiconductor development: Ashwini Vaishnaw

The nations will create "implementation organisation" that will work on government-to-government and industry-to-industry cooperation, Vaishnaw added

Semiconductors

Photo: Bloomberg

Press Trust of India New Delhi

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India and Japan on Thursday signed an agreement to develop the semiconductor ecosystem, including research and manufacturing, Union minister Ashwini Vaishnaw said on Thursday.

The agreement was signed between Vaishnaw and Japan's Minister of Economy, Trade and Industry Yasutoshi Nishimura in the national capital.

"Japan and India have signed a memorandum for semiconductor design, manufacturing, equipment research, talent development and to bring resilience in the semiconductor supply chain," Vaishnaw said.

The nations will create "implementation organisation" that will work on government-to-government and industry-to-industry cooperation, Vaishnaw added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jul 20 2023 | 8:35 PM IST

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