The India-US trade deal can be a major catalyst for India’s electronics, semiconductor, and technology ecosystem, Ashok Chandak, President of SEMI India and IESA said on Tuesday, adding it will accelerate semiconductor design and manufacturing, bolster value addition, and expand cooperation across AI and data centres space.
The comment from the industry assumes significance as the US and India have reached a trade deal following months of negotiations. Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent, President Trump said in a social media post on Monday after a phone conversation with Prime Minister Narendra Modi.
The prime minister said he was delighted that “Made in India products will now have a reduced tariff of 18 per cent”.
IESA’s (India Electronics and Semiconductor Association) Chandak said, the India-US trade deal can be a major catalyst for India’s electronics, semiconductor, and technology ecosystem.
By improvi​The India-US trade deal can be a major catalyst for India’s electronics, semiconductor, and technology ecosystem, Ashok Chandak, President of SEMI India and IESA said on Tuesday, adding it will accelerate semiconductor design and manufacturing, bolster value addition, and expand cooperation across AI and data centres space.
The comment from the industry assumes significance as the US and India have reached a trade deal following months of negotiations. Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent, President Trump said in a social media post on Monday after a phone conversation with Prime Minister Narendra Modi.
The prime minister said he was delighted that “Made in India products will now have a reduced tariff of 18 per cent”.
IESA’s (India Electronics and Semiconductor Association) Chandak said, the India-US trade deal can be a major catalyst for India’s electronics, semiconductor, and technology ecosystem.
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