Japan: Japan second Quad ally to sign chip agreement with India – Times of India

New Delhi: Japan India has become the second Quad partner to sign an agreement after the US. joint development Maintaining the resilience of the semiconductor ecosystem and its global supply chain.
agreement was signed between Union Minister of Electronics and IT Ashwini Vaishnav and Japan’s Minister of Economy, Trade and Industry Yasutoshi Nishimura in the national capital on Thursday. “Japan and India have signed a memorandum of understanding on semiconductor design, manufacturing, device research, talent development and bringing resiliency to these semiconductor supply chains,” Vaishnav said.
The nations will form an “implementation organization” that will work on government-to-government and industry-to-industry cooperation, Vaishnav said. “Everyone wants a flexible semiconductor supply chain and India and Japan are very important partners in this. This follows Prime Minister Narendra Modi’s visit to the US where several agreements were signed and this is being reflected in collaborations with other countries today. With nearly 100 semiconductor manufacturing plants, Japan is one of the top five countries with a semiconductor ecosystem. “The semiconductor industry will grow from the current $650 billion to a $1 trillion industry. This will require a huge amount of talent and significant development in many places in the world. Japan sees India as a partner. ,
The minister said Japan has companies that are global leaders in the raw form of semiconductor wafers, chemicals and gases, lenses that are used in chip manufacturing.
“If we can bring this base to India, it will be a big milestone,” Vaishnav said. He said the government has started discussions with Japan’s state-backed semiconductor industry body Rapidus for cooperation in this area.