Domestic Automotive Industry: Volume growth across segments expected to remain at moderate levels in FY2024. OEMs are focused on development of ground-up EV platforms as electrification gathers pace
"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.
The Union Cabinet of India has approved a memorandum of cooperation between India and Japan on a Semiconductor Supply Chain Partnership. This agreement aims to strengthen cooperation between the two countries to enhance the semiconductor supply chain. Japan is the second Quad partner, after the US, to sign an agreement with India for joint development in the semiconductor ecosystem.
Micron Technology chief Sanjay Mehrotra calls on PM Modi, discusses plans to bolster semiconductor manufacturing within India chinanationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinanationalnews.com Daily Mail and Mail on Sunday newspapers.
From Intel to Samsung, global chipmakers are celebrating the beginning of the end of a semiconductor supply glut, but the outlook for demand from customers outside the artificial intelligence (AI) industry remains gloomy.