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In January 2025, which country signed a major trade agreement with India to bolster semiconductor manufacturing?
Japan
South Korea
USA
Taiwan
South Korea
India and South Korea signed a landmark trade agreement in January 2025 to strengthen semiconductor manufacturing and supply chain cooperation.
The strategic partnership between India and South Korea focuses on deep-tech collaboration to reduce global dependency on existing chip supply chains. South Korean firms, known for their expertise in memory chips and display technology, are expected to provide technical expertise and capital for India's domestic fabrication (fab) units. This agreement aligns with India's broader vision of becoming a global hub for semiconductor design, manufacturing, and packaging. It also facilitates knowledge transfer and human resource development in high-tech engineering sectors.
The Ministry of Electronics and Information Technology (MeitY) is the nodal ministry for India's semiconductor mission. India's semiconductor policy is largely guided by the 'Make in India' initiative, launched in 2014, which aims to boost the manufacturing sector's contribution to the GDP.
Agreement Date: January 2025
Partner Nation: South Korea
Focus Sector: Semiconductor manufacturing and supply chain integration
Key Objective: Technology transfer and establishment of fabrication (fab) units
B is correct тАФ South Korea signed a major trade agreement with India in January 2025 specifically to bolster the semiconductor manufacturing sector.
Remember that South Korea is home to industry giants like Samsung and SK Hynix; linking these brands to India's 'Chip Mission' makes the partnership easier to recall.
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