NEW DELHI, 24 September 2024, (TON):- In a move to promote the global technology initiative, the United States has signed a Memorandum of Understanding with Indian government to invest in expanding India's semiconductor industry.
The chip plant will focus on meeting the requirement of three essential pillars for modern warfare – advanced sensing, advanced communications, and high-voltage power electronics.
Direct negotiations between the United States Space Force and Indian firms Bharat Semi and 3rdiTech for a strategic technology partnership to set up a semiconductor fabrication plant in India concluded. In this regard, besides a list of classified components, the new semiconductor fabrication plant would manufacture infrared, gallium nitride, and silicon carbide chips.
The long-term objective of setting up the industry in India is to have a monopoly over global supply chains in semiconductors. India and Taiwan are already working on joint production while US Space Force is in India since 2019. Now India is trying to persuade Taiwanese companies to invest in India to neutralize Chinese influence on semiconductor industry. It would ultimately end in neutralizing Taiwanese-lead in semiconductors technology, especially Artificial Intelligence.
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