The initiative falls under
US International Technology Security and Innovation (ITSI) fund, established by the Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act of 2022.
The US Department of State has announced a collaboration with India’s Semiconductor Mission, under the Union Electronics and IT Ministry, to explore opportunities for expanding and diversifying the global semiconductor ecosystem. The partnership aims to create a more resilient, secure, and sustainable semiconductor value chain worldwide.
Largest producers of Semiconductors