India, Singapore Boost Chip Sector Partnership

Union Minister Ashwini Vaishnaw on Friday said India and Singapore are strengthening collaboration in advanced technologies, particularly in the semiconductor sector, following a series of high-level meetings in Singapore.

Vaishnaw announced that the Singapore Semiconductor Industry Association (SSIA) will partner with India to support ongoing and approved semiconductor projects.

“The Singapore Semiconductor Industry Association (SSIA) is partnering with Bharat to support our approved semiconductor projects,” he said.

The minister added that extensive discussions were held with Singapore-based companies to better understand their operational challenges and explore measures to streamline the movement of semiconductor equipment and materials.

“Detailed discussions were held with Singapore companies on their experiences, key challenges and measures to accelerate the movement of equipment and materials,” he stated.

Vaishnaw also met officials from the Ministry of Trade and Industry, Enterprise Singapore, the Institute of Technical Education, Singapore Polytechnic and A*STAR.

These meetings focused on training technicians and engineers required for India’s upcoming semiconductor manufacturing facilities.

He wrote, “Discussed skilling of technicians and engineers for semiconductor projects with officials of MTI, Enterprise SG, Institute of Technical Education (ITE) Education Services (ITEES), Singapore Polytechnic (SP) and A*STAR.”

During a meeting with Singapore’s Deputy Prime Minister and Trade & Industry Minister Gan Kim Yong, the two sides explored ways to expand cooperation in emerging technology domains.

“Discussed expanding bilateral cooperation, particularly in emerging technology domains,” Vaishnaw noted.

He further said that global semiconductor distributor Avnet has committed to expanding its warehousing and electronics operations in India, a move that is expected to strengthen the country’s supply chain as it accelerates semiconductor manufacturing.

“Avnet is an important semiconductor and electronics warehousing company. They’re committed to expanding operations in India,” he said.

—IANS