Prime Minister Narendra Modi and his Japanese counterpart Shigeru Ishiba visited the Tokyo Electron Manufacturing facility (TEL Miyagi) in Sendai. This go to was important as a result of it marked a spotlight of India and Japan’s cooperation in superior applied sciences, particularly semiconductors. The 2 leaders additionally emphasised the significance of this business by taking the bullet practice from Tokyo to Sendai, which is greater than 300 km.
Throughout the go to, Modi engaged with TEL executives relating to their place within the world semiconductor ecosystem and future partnerships with India. He emphasised how India’s rising manufacturing ecosystem and Japan’s cutting-edge semiconductor equipment and know-how work in tandem.
In his remarks on the India–Japan Financial Discussion board, Modi highlighted semiconductors, batteries, and robotics as focus areas for Make in India collaborations. Prime Minister Ishiba laid out three objectives: constructing stronger people-to-people ties, fusing know-how with inexperienced initiatives, and boosting cooperation in high-tech fields, particularly semiconductors.
The go to to Sendai got here as a follow-up of the bilateral agreements made underneath the India-Japan Industrial Competitiveness Partnership and the Financial Safety Dialogue. Each these agreements cowl fields like crucial minerals, ICT, prescribed drugs, and extra. An understanding was made to hurry up the tasks in these fields alongside semiconductors.
Involvement from the personal sector is rising steadily. Japanese corporations have entered into round 150 MOUs over the past two years in sectors corresponding to aerospace, automotive, semiconductors, vitality, and human assets, as per the Ministry of Exterior Affairs of India. Modi additionally remarked that the Digital Partnership 2.0, AI collaboration, and work on uncommon earth minerals will proceed to be the main focus of partnership.
Modi and Ishiba reiterated their imaginative and prescient of growing sturdy and trusted provide chains and India and Japan’s roles as crucial companions within the framework of worldwide know-how safety by retaining semiconductors as the main focus of this go to.
