Cabinet approves Memorandum of Cooperation between India and Japan on Japan-India Semiconductor Supply Chain Partnership

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Source: The post is based on the articleCabinet approves Memorandum of Cooperation between India and Japan on Japan-India Semiconductor Supply Chain Partnershippublished in “PIB” on 26th October 2023

Why in the News?

The Union Cabinet of India has approved a memorandum of cooperation between India and Japan on a Semiconductor Supply Chain Partnership.

What is the purpose of the Japan-India Semiconductor Supply Chain Partnership?

Aim: To strengthen cooperation between India and Japan towards enhancement of the semiconductor supply chain.

Duration of the Partnership: Five Years

Type of Cooperation: The partnership is for both Governments-to-Government (G2G) and Business-to-Business (B2B) collaboration in the semiconductor supply chain sector.

What is India-Japan Digital Partnership(IJDP)?

Signed in: 2018

Aim: To strengthen existing cooperation within the Science and Technology/Information and Communication Technology sector.

UPSC Syllabus Topic: International Relations

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