India-US Semiconductor Fabrication Agreement
During Indian Prime Minister’s recent visit to the United States (21-23 September, 2024), India and the US entered into a groundbreaking agreement to establish a semiconductor fabrication plant that will produce advanced chips for critical sectors, including national security, telecommunications, and green energy.
Key Points
- Strategic Partnership: The semiconductor fab, named "Shakti," will be the first such collaboration between Indian businesses and the US Space Force, focusing on advanced sensing, communication, and power electronics.
- Semiconductor Mission Support: The India Semiconductor Mission will support the project, along with a partnership involving Bharat Semi, 3rdiTech, and the US Space Force.
- Cutting-Edge Technology: The plant ....
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