India’s semiconductor mission progressing at very fast pace, says Union Minister as India signs MoU with Japan

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India’s semiconductor mission progressing at very fast pace, says Union Minister as India signs MoU with Japan


Image Source : PTI Union Minister for Communications, Electronics & Information Technology Ashwini Vaishnaw signs an settlement with Japans Minister of Economy, Trade and Industry Yasutoshi Nishimura to develop the semiconductor ecosystem together with analysis and manufacturing, in New Delhi.

Union Minister of Information Technology Ashwini Vaishnaw has mentioned that India’s semiconductor mission is progressing at a very fast tempo and step-by-step milestones are being achieved.

“India’s semiconductor mission is progressing at a very fast pace. Step-by-step we are achieving new milestones,” the Union Minister mentioned.

Further talking on India’s semiconductor program, the Union Minister mentioned, “Today, Japan and India signed a memorandum of co-operation for semiconductor development, manufacturing, research, design and talent development.”

The settlement was signed between Vaishnaw and Japan’s Minister of Economy, Trade and Industry Yasutoshi Nishimura within the nationwide 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 mentioned.

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

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