Japan is India’s fifth largest investor, with trade growing to USD20.5 billion in 2021-2022. This relationship promises exponential growth as India has unveiled its policy on localising semiconductor manufacturing and the global value chain. The countries have signed a memorandum of cooperation on semiconductor manufacturing and capacity enhancement, including creating an organisation to facilitate inter-governmental and industry partnerships. These developments combine Japan’s unparalleled expertise in high value manufacturing with India’s pool of engineering, software and design talent, promising a robust and productive partnership.
Read more: https://law.asia/regulation-chips-to-spark-japan-investment/
Discover more from Justice News247
Subscribe to get the latest posts sent to your email.

