Key Takeaways
- PM Modi and Singapore PM Wong visited AEM, a leading Singaporean company in semiconductor and electronics sector, to boost ties in the area of Advanced manufacturing.
- The visit has led to the conclusion of a Memorandum of Understanding (MoU) on India-Singapore Semiconductor Ecosystem Partnership.
- The MoU aims to enhance bilateral cooperation in the area of semiconductor manufacturing ecosystem and to explore opportunities for collaboration between India and Singapore in the field of semiconductors.
Singapore/New Delhi: Prime Minister Narendra Modi accompanied by Singapore Prime Minister Lawrence Wong visited AEM, a leading Singaporean company in semiconductor and electronics sector.
They were briefed about AEM’s role in global semiconductor value chain, its operations and plans for India. The Singapore Semiconductor Industry Association gave a briefing on the development of semiconductor ecosystem in Singapore and opportunities for collaboration with India.
Representatives of several other Singaporean companies from this sector were also present.
Prime Minister Modi invited the Singaporean semiconductor companies to participate in SEMICON INDIA exhibition to be held in Greater Noida on Sep 11-13, a statement said.
India and Singapore have decided to expand their bilateral cooperation in the area of semiconductor manufacturing ecosystem. This decision was made after considering the strengths of both countries in this sector.
During the Second meeting of the India-Singapore Ministerial Roundtable, both sides agreed to add Advanced Manufacturing, with focus on semiconductors, as a pillar for enhancing bilateral cooperation. Both sides have also concluded the MoU on India-Singapore Semiconductor Ecosystem Partnership today.
At the facility, the two Prime Ministers also interacted with Indian interns from Odisha’s World Skill Center undergoing training in Singapore as well as Singaporean interns who had visited India under the CII-Enterprise Singapore India Ready Talent Programme and Indian engineers working at AEM.
This visit by both the Prime Ministers underscores the commitment of both sides to develop cooperation in this area. Prime Minister Modi conveyed his appreciation to Prime Minister Wong for joining him in this visit.
The MEA spokesperson in posts on X said:
“India-Singapore|Boosting ties in the area of Advanced manufacturing.
“PM @narendramodi and PM @LawrenceWongST visited AEM Holdings Ltd. today, a leading Singaporean company in semiconductors and electronics sector.
“The leaders held discussions with the stakeholders on opportunities for collaboration between India-Singapore in the field of semiconductors.”
“India-Singapore skills partnership going strong.
“During the visit to AEM Holdings, PM @narendramodi and PM
@LawrenceWongST also interacted with Indian interns from Odisha’s World Skill Center visiting Singapore as well as Singaporean interns who had visited India under the CII-Enterprise Singapore India Ready Talent Programme and Indian engineers working at AEM.”
