India key EU partner for semiconductors due to skilled talent pool: European Commission VP
The European Commission has identified India as a key partner for the semiconductor industry, citing the country's vast pool of skilled talent. This collaboration is part of the EU's strategy to diversify supply chains and reduce dependence on single sources for critical chip technology.
Why it matters
Strengthening India-EU ties in the semiconductor sector is vital for global tech resilience and the development of advanced manufacturing capabilities.
India is a very important partner for the European Union in the semiconductor sector as the bloc seeks to work with trusted partners to strengthen its chip supply chains and build its own capacity, a senior European Commission leader said.
Speaking at a joint press conference after the third India-EU Trade and Technology Council (TTC) meeting in Brussels, European Commission Executive Vice-President for Tech Sovereignty, Security and Democracy Henna Virkkunen said India is an important partner for semiconductor research and development because of its vast pool of highly skilled talent.
"With semiconductors, we see that India is a very important partner for the European Union. Our Chips 2.0 was adopted in June. We are especially focusing on improving the resilience of our supply chains. We want to build up our own capacity in the European Union, but we also want to work with our trusted partners," she said.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in