India-US Semiconductor Partnership and Technology Transfer Initiatives
July 2024
In a significant move to bolster India's semiconductor ecosystem, the Indian government has intensified collaborations with the United States, focusing on critical technology transfer for chip manufacturing and design. This includes agreements for joint R&D, skill development programs, and facilitating investments by US-based semiconductor companies in India. The initiative aims to reduce India's reliance on global supply chains, enhance indigenous manufacturing capabilities, and position India as a key player in the global semiconductor value chain. This strategic partnership exemplifies inbound technology transfer driven by geopolitical considerations and economic resilience.
UPSC Angle: Examine the strategic importance of semiconductor technology transfer for India's 'Atmanirbhar Bharat' vision and economic security. Analyze the role of bilateral agreements in facilitating high-tech transfers and the challenges in building a robust domestic semiconductor ecosystem. Connect to PLI schemes and skill development initiatives.