The US Department of State has teamed up with India’s Semiconductor Mission, part of the Ministry of Electronics and IT, to explore opportunities for expanding and diversifying the global semiconductor ecosystem. This partnership, supported by the CHIPS Act’s International Technology Security and Innovation (ITSI) Fund, aims to build a more secure and resilient semiconductor supply chain.
Kurt Campbell, US Deputy Secretary of State, highlighted that the collaboration is a cornerstone of the US-India Critical and Emerging Technology (ICET) partnership. This initiative focuses on accelerating cooperation in cutting-edge technologies such as semiconductors, space, and artificial intelligence. Campbell emphasised the strategic importance of expanding the partnership, noting that it represents a significant effort by the Biden-Harris administration to enhance collaboration with India.
The partnership aims to bolster defence innovation and improve operational coordination, technology sharing, and industrial cooperation between the two nations. Both governments have committed USD 1.2 million in funding for companies from both countries under the INDUS-X initiative.
The initial phase will involve assessing India’s semiconductor ecosystem, identifying infrastructure and workforce needs, and exploring future joint initiatives to advance the sector. This collaboration is vital for maintaining a robust semiconductor supply chain, which is crucial for industries including automotive and medical devices.
The CHIPS Act, signed into law by President Joe Biden in August 2022, designated funds to enhance semiconductor production and research within the US, while also reinforcing collaborations with allies such as India.
