Prez Biden, PM Modi announce plans for new semiconductor plant in India

The US and India reached an agreement to work together on setting up a semiconductor fabrication plant in the South Asian nation, giving a boost to Prime Minister Narendra Modi’s efforts to bolster manufacturing in the country.

The proposed plant will make infrared, gallium nitride and silicon-carbide semiconductors, according to a White House readout that followed a meeting between the US President Joe Biden and Modi in Delaware on Saturday. The setting up of the facility will be enabled by support from the India Semiconductor Mission as well as a “strategic technology partnership between Bharat Semi, 3rdiTech Inc, and the U.S. Space Force,” according to the readout.