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Semiconductor industry will get direct benefits from an important agreement between India-America
Piyush Goyal: India and America have signed an important agreement related to critical minerals. Apart from this, both countries have agreed to expand their bilateral relations to other areas. During the talks, India and America also discussed the supply chain. US-India is also discussing attracting investment from other countries for joint ventures.
There has been an important agreement between India and America. Cooperation between the Ministry of Mines of India and the US government will be promoted under the agreement. Emphasis on the development of semiconductor supply chains.
This was informed by the Union Commerce and Industry Minister Piyush Goyal on Friday. He said that India and America have signed an MoU relating to critical minerals to keep the supply chains open and promote more cooperation between the two countries.
Piyush Goyal said, "It was our sixth commercial dialogue. This was principally a dialogue on the progress achieved last year. Further development of the semiconductor supply chain, including MoU on critical minerals was the prime issue discussed in the meeting. The meeting also deliberated on clean energy. At the same time, there was a discussion on exploring new areas like tourism."
