Late last month, President Joe Biden and his Indian counterpart Prime Minister Narendra Modi combined to deepen the relationship between the two countries.
This included a first: transfer of closely guarded technology to design and manufacture a critical class of semiconductors used in defence and telecom. For the first time, the productionisation of this technology in India will include home-grown startups in defence.
Consequently, this deal is a benchmark moment in the collaboration between the two countries, fostering a new
business environment that will grow critical and strategic technologies in India.
To unpack the import of the semiconductor deal, StratNews Global spoke to Vrinda Kapoor, CEO, 3rdiTech
Anil Padmanabhan has been a journalist for the last 36 years. He has worked in various capacities in several publications including Afternoon Despatch & Courier, Press Trust of India, Business Standard, Mint and was based in New York for India Today. He was a Nieman Fellow in 2001. He tweets at @capitalcalculus.