Cabinet approves pact between India, Japan on semiconductor supply chain

New Delhi: The Union Cabinet has approved a memorandum of cooperation between India and Japan on a Semiconductor Supply Chain Partnership, an official statement said on Wednesday.

The memorandum of cooperation between the two countries was signed in July.

“The Union Cabinet chaired by Prime Minister Shri Narendra Modi was apprised of a Memorandum of Cooperation (MoC) signed in July 2023, between the Ministry of Electronics and Information Technology of the Republic of India and the Ministry of Economy, Trade and Industry of Japan on Japan-India Semiconductor Supply Chain Partnership,” the statement said.