Cabinet okays coop with Japan on semiconductors

Taking a step forward on making semiconductors in India, the Union Cabinet chaired by Prime Minister Narendra Modi today approved a Memorandum of Cooperation (MoC) with Japan.

Japan is a leader in the semiconductor industry and in silicon wafer and ingot manufacturing. In raw materials too, such as chemicals and gases, they have a lead in equipment manufacturing. The MoC on Japan-India Semiconductor Supply Chain Partnership was signed in July between the Ministry of Electronics and Information Technology and the Ministry of Economy, Trade and Industry of Japan. The Union Cabinet okayed it today.