The US Department of Commerce said on Thursday that the export restrictions followed consultation with international partners and would strengthen relations with "like-minded countries."
A three-day event focused on the semiconductor ecosystem is set to be held from Wednesday to Friday in Greater Noida. SEMICON India 2024 will bring together global leaders, semiconductor industry experts, academia, and government officials.
Odisha Chief Minister Mohan Charan Majhi on Friday attended the groundbreaking ceremony of RIR Power Electronics Ltd's silicon carbide-based semiconductor device manufacturing facility in Bhubaneswar.
India and Singapore agreed to cooperate in the development of the semiconductor ecosystem, the Ministry of Trade and Industry of Singapore said in a release on Thursday.
India and Singapore signed a Memorandum of Understanding (MoU) to enhance cooperation in semiconductors, under which they will leverage complementary strengths in their semiconductor ecosystems and tap on opportunities to build resilience in their semiconductor supply chains.
MEA stated that PM Modi and Lawrence Wong's visit to semiconductor facility underscored the commitment of two sides to develop cooperation in this sector.
Prime Minister Narendra Modi along with his Singaporean counterpart Lawrence Wong visited the semiconductor facility of AEM Holdings Ltd in Singapore on Thursday.
The MoUs were exchanged in Parliament House of Singapore by External Affairs Minister S Jaishankar and Minister of Foreign Affairs in Singapore Vivian Balakrishnan in the presence of Prime Minister Modi and his Singaporean counterpart Lawrence Wong.
India and Singapore signed four Memorandum of Understanding (MoU) in the fields of digital technologies, semiconductors, health cooperation and skill development, which will further strengthen the cooperation between the two nations.
PM Modi's visit to the semiconductor industry is significant in terms of enhanced trade opportunities between the two friendly countries, as Singapore, despite being a small city-state, has a well-developed semiconductor industry.
Following the Union Cabinet's approval for setting up India's fifth semiconductor manufacturing unit in Gujarat on Monday, Bharat Rashtra Samithi (BRS) working president KT Rama Rao criticised the current Telengana government after Kaynes Semicon Pvt Ltd, the company responsible for setti