EU and India cooperate on semiconductor supply chains

The European Commission and the Government of the Republic of India have signed a memorandum of understanding concerning semiconductor technology supply chains.

The agreement, signed under the framework of the EU-India Trade and Technology Council (TTC), sets out a cooperation between India and the EU to build robust semiconductor supply chains and work together on innovation.

Under the memorandum, the EU and India intend to:

• Share experiences, best practices and information on respective semiconductors ecosystems;
• Identify areas for collaboration in research, development and innovation among universities, research organisations and businesses;
• Promote skills, talent and workforce development for the semiconductors industry and facilitate collaboration via the organisation of workshops, partnerships and the promotion of direct investments;
• Ensure a level playing field in the sector, including by sharing information on granted public subsidies.

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Said Věra Jourová, EU Commission vice-president for values and transparency, in a release: “Semiconductors power the green and digital transition.

“They are also crucial to our economic security and the competitiveness of EU industry and its economy more broadly. Signing this agreement with India, a trusted and dynamic partner with complementary strengths, will foster innovation in this important area.”

Added Thierry Breton, European commissioner for internal market: “Chips are vital for our economies, and we are strengthening our resilience in the new geopolitics of semiconductor supply chains.

“I am glad we will continue to cooperate with India, a key partner, on trade and technology issues to overcome supply chain challenges. In the longer term, our cooperation on research and skills will be essential to strengthen our resilience.”

Additionally, both India and the EU agreed to add the semiconductor ecosystem as one of the sectors for cooperation under the EU-India TTC Working Group on Strategic Technologies, Digital Governance and Digital Connectivity (WG1).

The participants intend to use WG1 as a platform to enhance bilateral collaboration on: i) exchanges of experience and enhanced collaboration in the semiconductor ecosystem; ii) research and development for semiconductors, iii) advanced skills for the semiconductor industry, v) transparency of subsidies to the semiconductor sector.