India and U.S. to diversify global semi-conductor supply chains

Subject : International Relations

Section : Indian and Major power

Concept :

On the India-U.S. Initiative on Critical and Emerging Technologies (iCET), Indian NSA Ajit Doval expressed confidence over ‘the response of the industry, of the scientists and research scholars and institutions’
Later, Mr. Sullivan, who is on a two-day India visit, attended a round table on ‘Advancing India-U.S. Initiative on Critical and Emerging Technologies (iCET)‘ organised by the Confederation of Indian Industry (CII), where he said that India and the U.S. will “diversify global semi-conductor supply chains”.

About the U.S.-India initiative on Critical and Emerging Technology (iCET):

It was launched by the US President and Indian Prime Minister on the sidelines of the Quad summit on May 2022.
Goal: To elevate and expand Indo-U.S. strategic technology partnership and defense industrial cooperation between the governments, businesses, and academic institutions of the two countries.
The initiative will be spearheaded by the National Security Council Secretariat in India and the US National Security Council.
The initiative would help forge links between the government, academia, and industry in areas such as AI, quantum computing, 5G/6G, biotech, space, and semiconductors.
Under iCET, the two sides have identified six focus areas of co-development and co-production:
strengthening innovation ecosystems;
defense innovation and technology cooperation;
resilient semiconductor supply chains;
space;
STEM (science, technology, engineering, and math) talent;
next-generation telecom.