U.S. Department of State Partners with India Semiconductor Mission to Strengthen Global Semiconductor Ecosystem

The U.S. Department of State has announced a new partnership with the India Semiconductor Mission, under the Ministry of Electronics and IT, Government of India, to explore opportunities for enhancing and diversifying the global semiconductor ecosystem. This collaboration falls under the International Technology Security and Innovation (ITSI) Fund, established by the CHIPS Act of 2022, with the goal of creating a more resilient, secure, and sustainable semiconductor value chain worldwide.

In the initial phase of this partnership, a comprehensive assessment of India’s existing semiconductor ecosystem will be conducted. This includes an analysis of the country’s regulatory framework, workforce capabilities, and infrastructure needs. The assessment, guided by the India Semiconductor Mission, will involve key Indian stakeholders such as state governments, educational institutions, research centers, and private companies. Insights from this study will lay the groundwork for potential future joint initiatives to strengthen and grow India’s semiconductor sector.

The collaboration between the United States and India is crucial for ensuring that the global semiconductor supply chain remains robust and capable of supporting the ongoing global digital transformation. The manufacturing of essential products, from vehicles to medical devices, depends on the strength and resilience of this supply chain. This partnership highlights the potential to expand India’s semiconductor industry, benefiting both nations.

The CHIPS Act, signed into law by President Joe Biden in August 2022, allocated new funding to bolster domestic semiconductor manufacturing and research in the United States. It also established the ITSI Fund, which provides the U.S. Department of State with $500 million over five years to promote secure semiconductor supply chains and other initiatives with international allies and partners.