Semicon India 2024 And ITSI Fund:
The Prime Minister of India inaugurated the Semicon India industry conference and highlighted India’s growing partnerships with countries like the US, Japan and Singapore.
- In another development, the US and India collaborated under the International Technology Security and Innovation (ITSI) Fund to promote the development of a secure global semiconductor supply chain and telecommunications networks.
- Semicon India 2024 was co-located with electronica and productronica India, creating the largest single event for electronics manufacturing in South Asia.
- ITSI Fund :The US is collaborating with the Government of India to expand and diversify the global semiconductor ecosystem through the International Technology Security and Innovation Fund (ITSI).
- The CHIPS Act created the ITSI Fund to secure and develop the global semiconductor supply chain and telecommunications networks.
