The Union Cabinet chaired by Prime Minister Shri Narendra Modi was apprised of a Memorandum of Cooperation (MoC) signed in July, 2023 between the Ministry of Electronics and Information Technology of the Republic of India and the Ministry of Economy, Trade and Industry of Japan on Japan-India Semiconductor Supply Chain Partnership.
The MoC intends to strengthen cooperation between India and Japan towards enhancement of semiconductor supply chain, recognizing the importance of semiconductor for the advancement of industries and digital technologies.
The MoC shall come into effect from the date of signature of the Parties and shall be remain in force for a period of five years.
Both G2G and B2B bilateral Cooperation on opportunities to advance resilient semiconductor supply chain and leverage complementary strengths.
MoC envisages improved collaboration leading to employment opportunities in the field of IT.
Background
MeitY is working to create a conducive environment for electronics manufacturing in India through the Programme for Development of Semiconductor and Display Manufacturing Ecosystem. This program aims to support the establishment of Semiconductor Fabs, Display Fabs, Fabs for Compound Semiconductors/Silicon Photonics/Sensors/Discrete Semiconductors and Semiconductor Assembly, Testing, Marking, and Packaging (ATMP)/Outsourced Semiconductor Assembly and Test (OSAT) facilities.
The India Semiconductor Mission (ISM) has been established under Digital India Corporation (DIC) to drive India’s strategies for developing the semiconductor and display manufacturing ecosystem in the country.
MeitY is also mandated to promote international cooperation in emerging and frontier areas of Information Technology under bilateral and regional frameworks. MeitY has entered into MoUs/MoCs/Agreements with counterpart organizations/agencies to promote bilateral cooperation, exchange of information, and supply chain resilience.
The “India-Japan Digital Partnership” (IJDP) was launched during PM Modi’s visit to Japan in October 2018, focusing on “Digital ICT Technologies.” This MoC on Japan-India Semiconductor Supply Chain Partnership will further broaden and deepen cooperation in the electronics ecosystem, enhancing semiconductor supply chain resilience.
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Source: PIB
