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PM Modi, President Biden hail arrangement to establish new semiconductor fabrication plant, highlight bilateral cooperation in critical tech areas

Economic Times · 2m

US President Joe Biden and Indian Prime Minister Narendra Modi have announced plans to establish a semiconductor fabrication plant focused on advanced sensing, communication, and power electronics. The facility will manufacture infrared, gallium nitride, and silicon carbide semiconductors for national security, telecommunications, and green energy applications. The partnership between Bharat Semi, 3rdiTech, and the US Space Force will enable the project, supported by the India Semiconductor Mission. The leaders also highlighted collaborations in artificial intelligence, quantum, and other critical technology areas, as well as efforts to strengthen semiconductor supply chains and expand cooperation in research and development.