Addressing the SemiconIndia Conference 2023 in Gandhinagar, Gujarat, the minister mentioned the semiconductor mission “is truly a powerful case for make in India and make for the world”.
He informed high executives of main international semiconductor companies that their choices and relationships have implications far past instant business and may contribute to re-engineering the worldwide financial system.
Jaishankar additionally highlighted India’s rising cooperation within the crucial know-how area with the US and talked about a memorandum of understanding on semiconductor provide chain and innovation partnership that was firmed up throughout US commerce secretary Gina M Raimondo’s go to to New Delhi in March.
Trust and transparency have emerged as key points for the way forward for the digital area and questions like who processes and harvests “our data is increasingly crucial in a world of artificial intelligence”, Jaishankar mentioned. “Nor indeed can we any longer separate even basic manufacturing and everyday commodities and services from their data implications,” he added. “As political democracies, pluralistic societies and market economies, we all have understandable concerns of both privacy and security. It is, therefore, essential that those of us who are comfortable working with each other enhance our collaboration,” Jaishankar mentioned.
He additionally defined India’s focus and method within the know-how area. “It sought to establish a collaborative mechanism that would represent a productive intersection of America’s CHIPS and Science Act and India’s semiconductor mission,” he mentioned.
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Cooperation in semiconductors was a spotlight of talks throughout Prime Minister Narendra Modi’s go to to the US final month, he mentioned, including, “The joint statement highlighted this aspect of our cooperation.””Three US companies – Micron Technology, Lam Research and Applied Materials – made specific commitments that have been the subject of your deliberations as well,” he mentioned. Jaishankar mentioned India’s entry as the most recent member of the ‘Minerals Security Partnership’ is value noting, given the significance immediately of diversifying and securing provide chains in that space.
“Similarly, cooperation between the two countries has been a visible tailwind in the sphere of advanced telecommunications. Even as India’s 5G rollout starts to gather momentum, it is noteworthy to seek Bharat 6G and the American NextG Alliance co-lead research,” he mentioned.
“Launching Open RAN deployments and participating in the US Rip and Replace programme is also worth noting. This collaboration today extends to new initiatives and additional domains and can be expected to grow steadily,” he added.
“We see that, for example, in space where India is signing the Artemis Accords and promoting stronger Isro-Nasa collaboration. It is visible too in the creation of a Joint Indo-US Quantum Coordination Mechanism,” he mentioned.
Source: economictimes.indiatimes.com