Prime Minister Narendra Modi and Singapore Prime Minister Lawrence Wong visited AEM Holdings Ltd., a renowned semiconductor business, to explore partnerships in the semiconductor and electronics industries. Modi emphasised India’s growing presence in the sector and expressed his commitment to increasing possibilities for young people.
“Semiconductors and technology are critical for India-Singapore cooperation. “I look forward to working with you to grow this industry,” PM Modi said on X. Both leaders were briefed on AEM’s role in the global semiconductor supply chain, and they discussed strategies to increase India-Singapore cooperation in advanced manufacturing.
According to the Ministry of External Affairs, the two prime ministers also met with Indian and Singaporean interns from the CII-Enterprise Singapore India Ready Talent Programme, as well as Indian engineers employed by AEM. Modi emphasised the need to promote human potential and creativity through such initiatives.
The Singapore Semiconductor Industry Association presented its ecosystem, highlighting possible collaborations with India. During the second India-Singapore Ministerial Roundtable, both countries decided to strengthen cooperation in semiconductor manufacturing. A Memorandum of Understanding for the India-Singapore Semiconductor Ecosystem Partnership was also inked.
Modi encouraged Singaporean firms to join SEMICON India 2024, which will be held in Greater Noida in September, highlighting India’s commitment to the sector.
