USA and India sign MoU on semiconductor supply chain
The USA and India signed a Memorandum of Understanding on Semiconductor Supply Chain and Innovation Partnership.
US Secretary of Commerce Gina Raimondo and Minister of Commerce and Industry for Government of India Piyush Goyal signed a Memorandum of Understanding on Semiconductor Supply Chain and Innovation Partnership.
The memorandum is intended to establish a collaborative mechanism between the two governments on semiconductor supply chain resiliency and diversification. It is further aimed at facilitating commercial opportunities and the development of semiconductor innovation ecosystems. Cooperation is also envisioned on matters related to research and development, and talent and skills development.
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