India-Japan sign MOU to develop semiconductor ecosystem

India and Japan on Thursday signed an agreement to develop the semiconductor ecosystem, including research and manufacturing.

The agreement was signed between Vaishnaw and Japan’s Minister of Economy, Trade and Industry Yasutoshi Nishimura in the national capital.

“Japan and India have signed a memorandum for semiconductor design, manufacturing, equipment research, talent development and to bring resilience in the semiconductor supply chain,” Union minister Ashwini Vaishnaw said here.