US Under Secretary of State for Economic Affairs Jacob Helberg highlighted India's likely inclusion in Pax Silica, calling it a key step towards building "reliable and secure supply chains" and describing it as a milestone for the US-India partnership.
India's inclusion is expected to boost domestic semiconductor manufacturing and position the country as an alternative production hub. Experts note that India could join Pax Silica at a later stage, similar to its participation in the Minerals Security Partnership (MSP).
India will be invited to join the US-led PaxSilica group of nations as a full member next month, US Ambassador to India Sergio Gor announced on Monday during his address after assuming charge.
Australia, Japan, South Korea, the United Kingdom, Singapore, Israel and the United States signed a declaration at the Pax Silica Summit in Washington DC, aimed at building a secure, prosperous, and innovation driven silicon supply chain--from critical minerals and energy inputs to advanced