PM Narendra Modi and his Singapore counterpart Lawrence Wong visited the semiconductor facility of AEM Holdings Ltd in Singapore.
Prime Minister Narendra Modi alongside with his Singaporean counterpart Lawrence Wong visited the semiconductor facility of AEM Holdings Ltd in Singapore on Thursday. The two leaders are exploring synergies between the 2 nations in semiconductor manufacturing.
Lawrence Wong welcomed PM Modi on the semiconductor facility. The two leaders have been seen interacting with the officials on the semiconductor facility.
The officials on the semiconductor facility of AEM Holdings Ltd additionally took footage with PM Modi.
PM Modi’s visit to the semiconductor business is critical in phrases of enhanced commerce alternatives between the 2 pleasant nations, as Singapore, regardless of being a small city-state, has a well-developed semiconductor business.
The semiconductor business opens alternatives for India in many features, together with collaboration in expertise improvement as Singapore universities have developed customised programs for the semiconductor sector, and data sharing about finest practices of managing semiconductor industrial parks (known as Wafer Fab Parks in Singapore).
In phrases of things of manufacturing, Singapore has limitations for land and labour. India, with ample land and expert labour, may be a part of Singapore’s semiconductor worth chain. Semiconductor corporations in Singapore may be inspired to contemplate India for his or her enlargement plans.Singapore additionally has semiconductor gear and materials producers. For the event of the semiconductor manufacturing ecosystem in India, engagement and collaboration with such corporations might also be useful.Singapore has gamers in all three segments of the semiconductor worth chain–i) IC Design: MediaTek, Realtek, Qualcomm, Broadcom, Maxlinear, AMD; ii) Assembly, packaging and testing: ASE Group, Utac, STATS ChipPack, Silicin Box. iii) Wafer fabrication: GlobalFoundries, UMC, Siltronic and Micron, and iv) Equipment/ uncooked materials producers: Soitec, Applied Materials.
Earlier in the day, PM Modi held a gathering with his Singaporean counterpart Lawrence Wong and talks targeted on boosting cooperation between two nations in numerous sectors, together with skilling, healthcare, synthetic intelligence.
Taking to X, PM Modi said, “The discussions with my good friend, PM Lawrence Wong continued at present. Our talks targeted on boosting cooperation in areas like skilling, know-how, healthcare, AI and extra. We each agreed on the necessity to increase commerce relations.
“India and Singapore exchanged 4 vital Memorandum of Understandings (MoUs) on Thursday, throughout the day-two visit of PM Modi in the island nation.
The agreements embody collaboration in digital applied sciences, a partnership in the semiconductor sector, joint initiatives in well being and drugs, and cooperation in training and expertise improvement.
The MoUs have been exchanged in Parliament House of Singapore by External Affairs Minister S Jaishankar and Minister of Foreign Affairs in Singapore Vivian Balakrishnan in the presence of Prime Minister Modi and his Singaporean counterpart Lawrence Wong.
Earlier in the day, PM Modi acquired the ceremonial welcome at Singapore’s Parliament House on Thursday. Wong welcomed PM Modi and the 2 leaders warmly greeted one another. He signed the guests ebook on the Parliament House. PM Modi and Lawrence Wong met ministers and delegates from one another’s nations.
Before his arrival in Singapore, PM Modi was on an official visit to Brunei. During his visit, he held “wide ranging” talks with Brunei Sultan Haji Hassanal Bolkiah at Istana Nurul Iman in Bandar Seri Begawan.
Except for the headline, the story has not been edited by DNA employees and is printed from ANI.
