JICA may soon sign pact to support India's semiconductor manufacturing push

Substantial JICA financing could support Tata's chip unit plans in Gujarat and Assam

The Japan International Cooperation Agency (JICA) is expected to sign an agreement with India to boost the semiconductor industry in the country, driving innovation and talent development in the sector.

 

India Chief Representative of JICA, Takeuchi Takuro, in an interview to Business Standard, said that they do not know what the project will be as it is still at a premature stage, but the Indian government has already identified Gujarat and Assam. He said that the project will be in line with the Indian government policy.

 

This development comes after JICA on Thursday signed six agreements worth ₹11,181 crore in