Singapore and India Forge Landmark Semiconductor and Digital Tech Partnership
Singapore and India have signed a Memorandum of Understanding (MoU) to collaborate on semiconductor and digital technologies. This agreement aims to enhance India's semiconductor industry while integrating Singapore's established ecosystem into the Indian market. The partnership includes policy dialogues and private-sector cooperation to bolster supply chains and workforce development.
- Country:
- Singapore
In a significant move, Singapore and India have entered an agreement to collaborate on semiconductor and digital technologies, furthering their strategic ties. The Memorandum of Understanding (MoU) was exchanged in the presence of Prime Minister Narendra Modi and Singaporean Prime Minister Lawrence Wong.
The agreement aims to support the burgeoning semiconductor industry in India, leveraging Singapore's well-established ecosystem. Signed by high-level officials, the MoU will foster government-led policy exchanges, enhance supply chain resilience, and boost workforce development.
The move underscores the deep economic and strategic ties between the two nations, promising new opportunities for businesses and a forward-looking agenda in key areas such as sustainability, advanced manufacturing, digital technologies, and connectivity.
(With inputs from agencies.)
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