India Singapore talks boosts semiconductor push, seeks investments

India’s push to emerge as a key player in the global semiconductor ecosystem received a fresh boost as the India Cellular and Electronics Association (ICEA), in collaboration with the Singapore Semiconductor Industry Association (SSIA), convened a high-level industry engagement in Singapore on Friday, signalling growing momentum for bilateral cooperation and new investment opportunities.
The meeting brought together senior stakeholders from both countries, reflecting a shared intent to deepen collaboration across the semiconductor and electronics value chain. The engagement comes in the wake of a recently signed memorandum of understanding between ICEA and SSIA, aimed at establishing a structured framework for long-term industry partnership.
Industry participants highlighted the complementary strengths of the two economies. Singapore’s established leadership in semiconductor manufacturing, advanced equipment, and global supply chain integration aligns with India’s expanding manufacturing base, strong domestic demand, and policy-driven growth strategy. This alignment is increasingly seen as a foundation for building resilient and diversified supply chains amid shifting global dynamics.The discussions focused on developing a trusted semiconductor corridor between India and Singapore, with emphasis on strengthening supply chain linkages, fostering co-development in emerging technologies, and enabling joint ventures and cross-border investments. Stakeholders also explored opportunities spanning fabrication, ATMP/OSAT facilities, semiconductor equipment, materials, and precision engineering.
Senior leaders from India’s semiconductor ecosystem participated in the delegation, while SSIA ensured robust representation from Singapore’s industry players. The platform enabled direct business-to-business interactions, opening pathways for technology partnerships and capital inflows.Chairman of ICEA, Pankaj Mohindroo, said the collaboration reflects a strong strategic alignment, noting that Singapore’s advanced manufacturing capabilities combined with India’s scale and policy momentum create a compelling case for long-term partnership in the semiconductor space.
Echoing this view, Amitesh Kumar Sinha, Additional Secretary at the Ministry of Electronics and Information Technology and CEO of the India Semiconductor Mission, said India’s semiconductor journey is gaining traction. He pointed out that 10 projects including two fabrication units and eight ATMP/OSAT facilities have already been approved, drawing investments of around Rs1.6 lakh crore.Sinha added that the next phase of growth will focus on deepening the semiconductor value chain and strengthening supply chain resilience, with significant opportunities for Singapore-based companies to participate in India’s rapidly evolving electronics manufacturing landscape.