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After US and Japan, India Signs an Agreement with EU on Semiconductors Ecosystem

During the discussions, the pivotal agreement was signed by Union Minister Vaishnaw and Thierry Breton, Commissioner for Internal Market, outlining a strategic roadmap for collaborative efforts between India and the EU. (X)

The primary focus of this agreement will be establishing resilient semiconductor supply chains and fostering joint innovation endeavours

India and the European Commission have signed a Memorandum of Understanding (MoU) on semiconductors, setting a pivotal milestone in their burgeoning technological alliance.

EU’s Executive Vice-President Valdis Dombrovskis and Vice-President Věra Jourová, along with Minister of External Affairs S Jaishankar, Minister for Electronics and IT Ashwini Vaishnaw, and Minister of Commerce Piyush Goyal, convened to assess the progress achieved under the EU-India Trade and Technology Council (TTC) and set the groundwork for upcoming Ministerial discussions.

During the discussions, the pivotal agreement was signed by Union Minister Vaishnaw and Thierry Breton, Commissioner for Internal Market, outlining a strategic roadmap for collaborative efforts between India and the EU. The primary focus of this agreement will be establishing resilient semiconductor supply chains and fostering joint innovation endeavours.

Source: News18