India-US chip partnership could boost global chip supply chain

India is trying to emerge as a competitive alternative to China in the semiconductor sector amid heightened chip war between the US and China.India and the US last week signed a memorandum of understanding on establishing a semiconductor supply chain, which experts see as an opportunity for both nations to reduce global dependency on China.“The MoU seeks to establish a collaborative mechanism for the semiconductor supply chain resiliency and diversification in view of the US CHIPS an