New Delhi: India on Friday formally joined Pax Silica, a US-led initiative to bring together an initial group of countries closely tied to semiconductor manufacturing and advanced technology supply chains, at the ‘AI Impact Summit 2026’ here.
US Ambassador to India, Sergio Gor, said the emerging era of “Pax Silica” would define the 21st century economic and technological order, describing India’s participation as both strategic and essential.
Emphasising India’s deep talent pool and its capacity to challenge global rivals, the US envoy noted that New Delhi is advancing critical minerals processing capabilities and that the United States is actively engaging with India in this domain.
Gor further stated that Washington is prepared to share trusted technologies with India and said India has a strong understanding of the geopolitical realities of this part of the world.
He said it’s been a very impactful summit and “We have a lot of opportunities between our two nations, and so we look forward on engaging on that.”
Union Minister Ashwini Vaishnaw said that the world now trusts India more than ever.
“We have a large talent pool, and we have conducted our foreign policy in a way which creates their trust. As part of that, today, the Pax Silica was signed, which is very important for the semiconductor supply chain, semiconductor manufacturing, and chip design, for establishing the entire semiconductor ecosystem in our country,” the minister said during the event.
This will greatly benefit India’s electronics and semiconductor industry, he said.
“Ten plants are already established in India and are in the process of being established, and very soon, the first semiconductor plant will begin commercial production. In that context, the most advanced two-nanometer chips are being designed in India today. A complete ecosystem is emerging in India. Pax Silica will be crucial for this, and the youth of India will benefit from it,” said Vaishnaw.
India’s participation in Pax Silica would help the country scale collaborations with advanced economies, attract investment and deepen supply‑chain resilience.
IANS
India’s trade surplus with US may cross $90 billion, no impact from Bangladesh deal: SBI
New Delhi: India’s trade surplus with the US may cross $90 billion annually after the trade deal, with at least a $45 billion annual additional trade surplus with the US,...
Chidambaram slams Budget 2026-27 as ‘forgettable’ , says youth joblessness stands at 15 per cent
New Delhi: Pointing out that youth joblessness stands at 15 per cent in India, with less than 25 per cent of the workforce in regular employment, Congress leader and former...
US deal to play pivotal role in India achieving $100 billion textiles exports in 2030
New Delhi: The India-US trade agreement is expected to play a pivotal role in India achieving its intended target of $100 billion textiles exports in 2030, the government said on...
Death toll in Islamabad suicide bombing climbs to 36
Islamabad:The death toll from the Islamabad suicide bombing rose to 36 on Saturday, local media reported, quoting a spokesperson of the Pakistan Institute of Medical Sciences (PIMS). "A...
India has lowest US tariffs among competitors, agri and dairy fully protected: Piyush Goyal
New Delhi: Reiterating that India has completely protected its agriculture and dairy sectors in the US trade agreement, Commerce and Industry Minister Piyush Goyal said on Saturday that the country...
Framework for Interim Agreement will realise mutually beneficial India-US trade partnership: EAM Jaishankar
New Delhi: As the United States and India have finalised an interim trade agreement that cuts US tariffs on Indian goods to 18 per cent, External Affairs Minister S Jaishankar...
US drops 25 per cent tariff on Indian imports
Washington: US President Donald Trump lifted a 25 per cent tariff on Indian imports, citing India’s commitments to stop buying Russian oil and to deepen security and economic ties with...
US, India agree on framework for interim trade deal
Washington: The United States and India announced a framework for an Interim Agreement on reciprocal, mutually beneficial trade, a step aimed at advancing talks toward a broader bilateral trade pact,...
US-India Joint Statement is silent on details: Jairam Ramesh on interim trade pact
New Delhi: As the United States and India have finalised an interim trade agreement that cuts US tariffs on Indian goods to 18 per cent, senior Congress leader Jairam Ramesh...
RBI’s rate decision reflects favourable assessment of India’s growth: Economists
Mumbai:The Reserve Bank of India's (RBI) decision to keep the policy rate unchanged reflected a favourable assessment of growth and inflation dynamics, economists said on Friday. The RBI MPC, in...
RBI leaves repo rate unchanged, sticks to neutral policy stance
Mumbai:RBI Governor Sanjay Malhotra announced on Friday that the Monetary Policy Committee has unanimously decided to keep the policy repo rate unchanged at the current level of 5.25 per cent...
1st tranche of India-US trade deal in 4-5 days, formal pact by mid-March: Piyush Goyal
New Delhi: India is set to roll out the first tranche of its Bilateral Trade Agreement (BTA) with the United States in matter of days which will see a reduction...
