Semiconductor associations sign MoU to link Indian and global players.

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Semiconductor associations sign MoU to link Indian and global players.

Semiconductor associations have inked a Memorandum of Understanding (MoU) aimed at linking Indian industry players with their global counterparts. The India Electronics and Semiconductor Association (IESA) and SEMI signed the MoU in Bengaluru, witnessed by over 200 IESA members.

This collaboration intends to facilitate connections between Indian semiconductor stakeholders and the global manufacturing and design supply chain. It seeks to foster partnerships and opportunities for companies, with a special emphasis on talent development, by bridging government, industry, and academia in India with international peers.

The agreement covers various crucial aspects such as manufacturing, policy support, design, skill development, research and development, academia, and supply chains. Additionally, it aims to utilize research data to advance these objectives.

The partnership will organize joint events in India, focusing on talent identification, skill enhancement, and knowledge dissemination. This includes sharing updates and conducting webinars on policy matters and semiconductor activities worldwide.

The collaboration’s inaugural event is slated for September: SEMICON 2024. SEMI, a prominent global industry association with over 3,000 member companies in the semiconductor sector, anticipates that this partnership will propel India towards becoming a prominent global manufacturing and design hub.

Ajit Manocha, president of SEMI, expressed confidence that the synergy between SEMI’s global network and IESA’s Indian connections will bolster India’s standing in the semiconductor industry. Ashok Chandak, president of IESA, highlighted the partnership’s leveraging of SEMI’s international network and IESA’s expertise in the Indian electronics, semiconductor, design, and manufacturing domain.

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