The proposed partnership is expected to focus on semiconductors, telecommunications, critical minerals and other technologies with strategic implications.
The development comes on the back of intensifying competition over emerging technologies as nations race to develop key capabilities. Last year, India and the US set up the Initiative on Critical and Emerging Technologies (iCET) to build cooperation on key technologies like semiconductors, advanced materials, biotechnology and rare earth processing. iCET also aims to push the defence industrial ecosystems and universities in both countries to work with each other.
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