India-Singapore Semiconductor Partnership: Building Future-Ready Collaborations

India is advancing as a design and innovation hub in the semiconductor industry. Singapore and India are collaborating to strengthen the semiconductor supply chain. Singapore's investments in India's high-growth sectors are increasing, and a strategic fintech corridor is emerging to link the two economies more closely.

India is no longer merely a backend assembler but is positioning itself as a burgeoning design and innovation hub in the semiconductor industry, according to a top official at the Singapore Manufacturing Federation (SMF). The official remarks were included in a commemorative publication marking 60 years of India-Singapore collaboration.

Published in the 112-page book, SMF President Lennon Tan highlighted ongoing strategic initiatives under the India Semiconductor Mission aimed at developing full-stack capabilities. These efforts, marked by approved investments and pilot plants, demonstrate India's progressing role in semiconductor design and fabrication.

The mutual understanding of the semiconductor sector's importance is fostering cooperation between Singapore and India. Through business missions and joint ventures, Singapore companies are exploring high-growth sectors in India like sustainability and infrastructure. A recent MoU furthers collaboration in digital technologies, reinforcing ties between the two nations.

(With inputs from agencies.)