Japanese firms keen to set up semiconductor units in India: Deloitte

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Japanese firms keen to set up semiconductor units in India: Deloitte - Business Standard

Quick Summary:

In July, Japan became the second Quad partner after the US to sign an agreement with India for the joint development of the semiconductor ecosystem and maintain the resilience of its global supply chain.

Japanese firms are keen to set up semiconductor units in India and they have all the expertise and specialisation to partner with domestic firms, Deloitte has said.

The two countries signed the memorandum for semiconductor design, manufacturing, equipment research, talent development and to bring resilience in the semiconductor supply chain.