India and Japan have signed a memorandum of cooperation to develop a semiconductor ecosystem in line with India's "Make in India" initiative. The collaboration will focus on manufacturing, research, design, talent development, and Supply Chain developments. The partnership is a significant step for India in becoming a global hub for the semiconductor industry, providing access to Japanese expertise and technology. The agreement also emphasizes talent development, with both countries working to train and upskill semiconductor professionals. The collaboration aims to reduce India's dependence on imports, boost economic growth, strengthen the global supply chain, and foster technological cooperation.

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