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On Thu, 5 Sept, 8:01 AM UTC
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[1]
India, Singapore sign MoUs in fields of digital technology, semiconductor
India and Singapore signed four Memorandum of Understanding (MoU) in the fields of digital technologies, semiconductors, health cooperation and skill development, which will further strengthen the cooperation between the two nations. Prime Minister Narendra Modi, who is on a visit to Singapore, arrived at the Parliament House on Thursday, where he received a ceremonial welcome. He met Singapore counterpart Lawrence Wong, and the two delegations held bilateral meetings, following which the MoUs were signed. The first MoU was signed between India's Ministry of Electronics and Information Technology and Singapore's Ministry of Digital Development and Information for cooperation in the field of digital technologies. It will facilitate closer cooperation between India and Singapore in the areas of digital technologies, such as DPI, cyber-security, 5G and emerging technologies such as Super-computing, Quantum Computing and Artificial Intelligence. The MoU will further enable cooperation for upskilling and reskilling of workers relating to the digital domain under the ambit of this MoU. India's Ministry of Electronics and Information Technology and Singapore's Ministry of Trade and Industry signed another MoU on the India-Singapore Semiconductor Ecosystem Partnership. Under this agreement, India and Singapore will cooperate in the areas of semiconductor cluster developed, cultivation of talent in semiconductor design and manufacturing. Notably, Singaporean companies, which are part of global semiconductor value chains are keen to invest in India. Dialogue mechanisms set under this MoU will facilitate their investments in India. The third MoU was signed between India's Ministry of Health and Family Welfare and Singapore's Ministry of Health on cooperation in the field of health and medicine. This agreement will facilitate joint efforts on research and innovation in areas of mutual interest. The MoU also aims to promote closer cooperation in the areas of human resource development in the healthcare and pharmaceutical sectors. It will complement New Delhi's efforts to promote Indian healthcare professionals in Singapore. Additionally, India's Ministry of Skill Development and Entrepreneurship and Singapore's Ministry of Education also signed an MoU on educational cooperation and skills development. The agreement aims to promote closer cooperation in the areas of technical and vocational education and training. India and Singapore have active collaboration in the area of skill development. This MoU will complement those ongoing initiatives. Earlier, Prime Minister Modi also signed the visitors book at the Parliament House. PM Modi and Singapore PM Lawrence Wong met ministers and delegates from each other's countries. Prime Minister Modi, who reached Singapore on Wednesday, is slated to hold numerous engagements in the city-state today.
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PM Modi in Singapore: India, Singapore sign MoUs in semiconductors, digital tech
PM Modi, who is visiting Singapore, and his counterpart Lawrence Wong held bilateral meetings, following which the MoUs were signed. The first MoU was signed between India's Ministry of Electronics and Information Technology and Singapore's Ministry of Digital Development and Information for cooperation in the field of digital technologies. It will facilitate closer cooperation between India and Singapore in the areas of digital technologies, such as DPI, cyber-security, 5G and emerging technologies such as Super-computing, Quantum Computing and Artificial Intelligence. The MoU will further enable cooperation for upskilling and reskilling of workers relating to the digital domain under the ambit of this MoU. India's Ministry of Electronics and Information Technology and Singapore's Ministry of Trade and Industry signed another MoU on the India-Singapore Semiconductor Ecosystem Partnership. Under this agreement, India and Singapore will cooperate in the areas of semiconductor cluster developed, cultivation of talent in semiconductor design and manufacturing. Notably, Singaporean companies, which are part of global semiconductor value chains are keen to invest in India. Dialogue mechanisms set under this MoU will facilitate their investments in India. The third MoU was signed between India's Ministry of Health and Family Welfare and Singapore's Ministry of Health on cooperation in the field of health and medicine. This agreement will facilitate joint efforts on research and innovation in areas of mutual interest. The MoU also aims to promote closer cooperation in the areas of human resource development in the healthcare and pharmaceutical sectors. It will complement New Delhi's efforts to promote Indian healthcare professionals in Singapore. Additionally, India's Ministry of Skill Development and Entrepreneurship and Singapore's Ministry of Education also signed an MoU on educational cooperation and skills development. The agreement aims to promote closer cooperation in the areas of technical and vocational education and training. India and Singapore have active collaboration in the area of skill development. This MoU will complement those ongoing initiatives. Earlier, Prime Minister Modi also signed the visitors book at the Parliament House. PM Modi and Singapore PM Lawrence Wong met ministers and delegates from each other's countries. Prime Minister Modi, who reached Singapore on Wednesday, is slated to hold numerous engagements in the city-state today. (ANI)
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India-Singapore ties strengthen with new MoUs on semiconductors and digital tech
The MoUs were formalised after a meeting between Indian Prime Minister Narendra Modi, who is currently on a visit to Singapore, and his Singaporean counterpart, Lawrence Wong. India and Singapore signed many important Memorandums of Understanding (MoUs) on Wednesday (September 05), aimed at boosting cooperation in key sectors including digital technology, semiconductors, healthcare, and skills development. These agreements were formalised after a meeting between Indian Prime Minister Narendra Modi, who is currently on a visit to Singapore, and his Singaporean counterpart, Lawrence Wong. The first MoU focuses on collaboration in digital technologies and was signed between India's Ministry of Electronics and Information Technology and Singapore's Ministry of Digital Development and Information. This agreement is designed to enhance cooperation in areas like Digital Public Infrastructure (DPI), cyber security, 5G, and cutting-edge technologies such as quantum computing, supercomputing, and artificial intelligence. In the semiconductor sector, India and Singapore have agreed to collaborate through a MoU signed by India's Ministry of Electronics and Information Technology and Singapore's Ministry of Trade and Industry. Also read: Jaishankar's Ramayana doctrine: Five-point guide for India's global leadership ambition This partnership will help establish a semiconductor cluster, promote talent development in semiconductor design and production, and encourage Singaporean investments in India. Singapore is a significant player in the global semiconductor supply chain, producing around 10% of the world's chips and roughly 20% of semiconductor manufacturing equipment. Another MoU, for education and skills development, was signed by India's Ministry of Skill Development and Entrepreneurship and Singapore's Ministry of Education. This agreement will focus on advancing technical and vocational education and training. The final MoU between India's Ministry of Health and Family Welfare and Singapore's Ministry of Health focused on cooperation in the health and pharmaceutical fields. This MoU aims to boost joint research and innovation, particularly in areas of shared interest, and to foster collaboration in human resource development for healthcare. During his visit, Prime Minister Modi received a ceremonial welcome at Singapore's Parliament House and engaged in discussions with Lawrence Wong. In his address, Modi referred to Singapore as more than just a partner, calling it an inspiration for all developing nations. Randhir Jaiswal, spokesperson for India's Ministry of External Affairs, posted on X, "A new chapter in - ties: Comprehensive Strategic Partnership established. PM @narendramodi and PM @LawrenceWongST held a productive meeting in Singapore today." He added, "The leaders agreed to elevate the ties to a Comprehensive Strategic Partnership. They reviewed various aspects of the bilateral relationship, covering areas like advanced manufacturing, digitalisation, healthcare, skills development, and sustainability."
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India and Singapore have signed significant Memorandums of Understanding (MOUs) in the fields of digital technology and semiconductors, marking a new chapter in their bilateral relations. The agreements aim to boost cooperation in critical technological sectors.
India and Singapore have taken a significant step forward in their bilateral relationship by signing crucial Memorandums of Understanding (MOUs) in the fields of digital technology and semiconductors. The agreements were inked during Indian Prime Minister Narendra Modi's visit to Singapore, where he attended the India-Singapore bilateral summit 1.
The MOU on digital technology aims to foster cooperation in emerging areas such as Artificial Intelligence (AI) and 5G/6G. This agreement is expected to facilitate knowledge sharing and promote innovation in these cutting-edge technologies. The collaboration is likely to benefit both nations in their pursuit of digital transformation and technological advancement 2.
A separate MOU was signed focusing on the semiconductor sector, which is crucial for both countries' technological and economic growth. This agreement is set to enhance cooperation in semiconductor design, manufacturing, and research. It is particularly significant given the global chip shortage and the increasing importance of semiconductors in various industries 3.
The MOUs were signed between India's Ministry of Electronics and Information Technology (MeitY) and Singapore's Infocomm Media Development Authority (IMDA) for digital technology, and with Singapore's Enterprise Board for semiconductors. These partnerships are expected to leverage the strengths of both nations in their respective fields 1.
These agreements are anticipated to have far-reaching implications for both countries' economic growth. By collaborating in high-tech sectors, India and Singapore are positioning themselves to be at the forefront of technological innovation. The partnerships are expected to create new opportunities for businesses, startups, and research institutions in both nations 2.
The MOUs reflect the strategic importance both countries place on technological cooperation. In an increasingly digital world, such partnerships are crucial for maintaining competitiveness and ensuring technological sovereignty. The agreements also align with India's push for self-reliance in critical technologies and Singapore's vision of being a global tech hub 3.
As these MOUs are implemented, they are expected to pave the way for joint research projects, technology transfers, and possibly joint ventures in the digital and semiconductor domains. The collaboration could also lead to the development of new products and services that cater to both regional and global markets, further cementing the strategic partnership between India and Singapore 1.
India and Singapore have strengthened their bilateral relations to a Comprehensive Strategic Partnership, emphasizing cooperation in semiconductors, innovation, and skill development. The two nations signed multiple agreements during Prime Minister Narendra Modi's visit to Singapore.
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India has signed a semiconductor agreement with Singapore, marking a significant step in Prime Minister Narendra Modi's push to establish the country as a global hub for chip manufacturing and reduce reliance on imports.
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Indian Prime Minister Narendra Modi's second day in Singapore focuses on semiconductor technology and innovation. The visit aims to strengthen India's position in the global semiconductor industry and foster technological partnerships.
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Prime Minister Narendra Modi inaugurates Semicon India 2024, emphasizing India's commitment to becoming a global semiconductor hub. The event showcases unprecedented industry-government collaboration and highlights the critical role of semiconductors in the digital age.
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Prime Minister Narendra Modi and US President Donald Trump have announced the US-India TRUST initiative to enhance cooperation in critical technologies, including AI, semiconductors, and space exploration. The partnership aims to foster innovation, strengthen supply chains, and promote strategic collaboration between the two nations.
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