India and Singapore are strengthening their collaboration in artificial intelligence and semiconductor technologies, signing new agreements to boost industry growth. This partnership aims to leverage Singapore's investment and trade leadership with India to enhance technological advancements and create high-tech job opportunities. Both nations are developing a roadmap to expand their Comprehensive Strategic Partnership, focusing on cross-border data flows and financial connections.
Key areas of cooperation include semiconductor manufacturing, skills training, and research and innovation. A 'green lane' will expedite the exchange of semiconductor goods, and a joint training centre in Gujarat will support skills development. This alliance seeks to diversify the semiconductor supply chain and foster stability and prosperity in Asia.
Both countries are also exploring collaboration in green energy, biotech, and digital connectivity, including a potential pilot cross-border data corridor. The partnership builds on discussions from the India-Singapore Ministerial Roundtable, reinforcing their commitment to concrete actions and outcomes in a turbulent global landscape.
