India was belatedly included in the US-led Pax Silica initiative, designed to counter China's dominance in strategic technology sectors.
Pax Silica aims to build a secure supply chain for critical minerals, energy inputs, advanced manufacturing, and semiconductors.
The initial Pax Silica Summit in December included Japan, South Korea, Singapore, Netherlands, UK, Israel, UAE, and Australia.
India's late entry, similar to the Minerals Security Partnership (MSP), highlights the need to demonstrate tangible contributions to such initiatives.
Detailed Insights:
Pax Silica seeks to reduce "coercive dependencies" and protect materials crucial for Artificial Intelligence (AI), ensuring aligned nations can develop transformative technologies.
The initiative aims to secure access across the AI stack, from minerals and chips to security and logistics, addressing concerns about supply chain vulnerabilities.
India's exclusion from the initial list was due to perceived lack of critical edge technologies, access to resources, and processing capacity in targeted sectors.
Measures under Pax Silica include joint ventures, protection of sensitive technologies, and building trusted technology ecosystems, aligning with India's strategic interests.
China's dominance in the global critical minerals market poses a shared challenge, potentially attracting American investments to India but also exposing it to coercion.
India is trying to position itself as a spoke in the global supply chain realignment as companies diversify away from China.
Key Concepts Involved:
Pax Silica: A US-led initiative to build a secure supply chain for AI and semiconductor technologies, countering China's dominance.
Minerals Security Partnership (MSP): A US-led strategic initiative focused on securing supply chains for critical minerals.
Artificial Intelligence (AI): The development of computer systems able to perform tasks that typically require human intelligence.