25 Oct 2023: PIB Summary for UPSC

Japan-India Semiconductor Supply Chain Partnership

Syllabus: GS-2, IR

Prelims: Japan-India Semiconductor Supply Chain Partnership

Mains: India – Japan bilateral relationship

Context:

Union Cabinet approved a Memorandum of Cooperation between India and Japan on Japan-India Semiconductor Supply Chain Partnership.

Details:

• The MoC was signed in July 2023 between the Ministry of Electronics and Information Technology of India and the Ministry of Economy, Trade and Industry of Japan.
• The MoC intends to strengthen cooperation between India and Japan towards the enhancement of the semiconductor supply chain, recognizing the importance of semiconductors for the advancement of industries and digital technologies.
• The agreement will be in force for five years from the date of signing.
• This MoC is part of the government’s efforts to generate a conducive environment for electronics manufacturing in the country.
• The Ministry is promoting international cooperation in the emerging and frontier areas of Information Technology under bilateral and regional frameworks.
• The “India-Japan Digital Partnership” (IJDP) was launched in 2018 to focus on cooperation in ICT/S&T areas.

Also read: India – Japan relations

Read the previous PIB articles here.