Prime Minister Narendra Modi and Japanese counterpart Shigeru Ishiba visited a semiconductor plant in Sendai, Miyagi on Saturday.
The visit highlighted growing India-Japan cooperation in the critical technology sector, especially semiconductor manufacturing.
Tokyo Electron Miyagi Ltd. (TEL Miyagi), a leading Japanese semiconductor company, has plans for collaborations with India.
Both countries reaffirmed commitment to deepening cooperation, building on the Memorandum of Cooperation on the Japan-India semiconductor supply chain partnership.
Detailed Insights:
The joint visit underscores the shared vision of India and Japan to develop robust, resilient, and trusted semiconductor supply chains.
TEL Miyagi briefed the leaders on its role in the global semiconductor value chain, manufacturing capabilities, and ongoing collaborations with India.
Mr. Modi met with Governors of 16 Japanese prefectures in Tokyo, calling for strengthened State-prefecture cooperation.
Discussions focused on deepening partnerships between Indian States and Japanese prefectures in technology, innovation, investment, skills, start-ups and SMEs.
State-prefecture cooperation is a vital pillar of India-Japan friendship, with a separate initiative launched during the 15th Annual India-Japan Summit.
Mr. Modi urged stronger collaborations in manufacturing, mobility, next-generation infrastructure, innovation, start-ups, and small businesses.
Key Concepts Involved:
Semiconductor: A material with electrical conductivity between a conductor and an insulator, used in electronic devices.
Supply Chain: A network between a company and its suppliers to produce and distribute a specific product to the final buyer.
State-Prefecture Cooperation: Partnerships between Indian States and Japanese Prefectures to enhance collaboration across various sectors.