DT
PT
Subscribe To Print Edition About The Tribune Code Of Ethics Download App Advertise with us Classifieds
search-icon-img
search-icon-img
Advertisement

Cabinet okays coop with Japan on semiconductors

Ajay Banerjee New Delhi, October 25 Taking a step forward on making semiconductors in India, the Union Cabinet chaired by Prime Minister Narendra Modi today approved a Memorandum of Cooperation (MoC) with Japan. In force for 5 yrs The Memorandum...
  • fb
  • twitter
  • whatsapp
  • whatsapp
Advertisement

Ajay Banerjee

Advertisement

New Delhi, October 25

Advertisement

Taking a step forward on making semiconductors in India, the Union Cabinet chaired by Prime Minister Narendra Modi today approved a Memorandum of Cooperation (MoC) with Japan.

In force for 5 yrs

  • The Memorandum of Cooperation (MoC) will be taken forward under government-to-government cooperation
  • It will also have industry-to-industry cooperation, the details of which are being worked out
  • The MoC will remain in force for five years

Japan is a leader in the semiconductor industry and in silicon wafer and ingot manufacturing. In raw materials too, such as chemicals and gases, they have a lead in equipment manufacturing. The MoC on Japan-India Semiconductor Supply Chain Partnership was signed in July between the Ministry of Electronics and Information Technology and the Ministry of Economy, Trade and Industry of Japan. The Union Cabinet okayed it today.

Advertisement

The MoC intends to strengthen cooperation between India and Japan towards enhancement of semiconductor supply chain, recognising the importance of semiconductor for the advancement of industries and digital technologies. This will promote manufacturing, research, design, talent development and supply chain resilience.

Advertisement
Advertisement
Advertisement
Advertisement
tlbr_img1 Classifieds tlbr_img2 Videos tlbr_img3 Premium tlbr_img4 E-Paper tlbr_img5 Shorts