Bangalore- The U.S. Semiconductor Industry Association (SIA) and the India Electronics and Semiconductor Association (IESA) have jointly announced plans to form a private-sector task force. It will strengthen collaboration between the two countries in the global semiconductor chip ecosystem.
Specific goals of the task force include the following:
- Developing a “readiness assessment” regarding the semiconductor chip ecosystem in India.
- Assembling industry, government, and academic stakeholders to identify near-term industry opportunities and facilitate longer-term strategic development of complementary semiconductor ecosystems.
- Making recommendations on opportunities and challenges to increase India’s role within the global semiconductor value chain, including chip manufacturing ecosystem.
- Identifying and facilitating workforce development and exchange opportunities to benefit both countries.
“We are thrilled to kick off this new initiative with IESA, our counterpart in India,” said SIA President and CEO John Neuffer. “India is already a major hub for semiconductor research, chip design, and equipment engineering. Its future potential is even greater. This task force will help identify tangible ways to unlock this potential by increasing collaboration between the U.S. and India.”
“IESA is excited to be part of this new task force in partnership with SIA,” said IESA President and CEO Krishna Moorthy. “It will be an important platform to bring together global and enable global collaboration.”
