<p>Semiconductor Industry Association (SIA), a top trade body representing the US semiconductor industry, on Tuesday inked a pact with India Electronics and Semiconductor Association (IESA).</p>.<p>The memorandum of understanding (MoU) inked on Tuesday aims to foster collaboration and identify potential opportunities between the two countries in the semiconductor sector, according to a statement.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/semiconductor-plant-with-foxconn-to-come-up-in-two-years-vedanta-chairman-1100148.html" target="_blank">Semiconductor plant with Foxconn to come up in two years: Vedanta chairman</a></strong></p>.<p>Under the MoU, both associations will assist each other as the main counterpart organisation on semiconductor-related matters within India and the US as well as co-organise meetings between member companies to promote cooperation on issues of mutual interest.</p>.<p>The two sides will also co-organise joint events to explore potential opportunities for US-India cooperation within the global semiconductor value chain.</p>.<p>Headquartered in Washington DC, SIA represents 99 per cent of the US semiconductor industry by revenue and nearly two-thirds of non-US chip firms, while IESA is the premier Indian trade body focused on the development of vibrant Indian semiconductor and ESDM (Electronics System Design and Manufacturing) ecosystem and promoting Brand India.</p>.<p><strong>Check out latest DH videos here</strong></p>
<p>Semiconductor Industry Association (SIA), a top trade body representing the US semiconductor industry, on Tuesday inked a pact with India Electronics and Semiconductor Association (IESA).</p>.<p>The memorandum of understanding (MoU) inked on Tuesday aims to foster collaboration and identify potential opportunities between the two countries in the semiconductor sector, according to a statement.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/semiconductor-plant-with-foxconn-to-come-up-in-two-years-vedanta-chairman-1100148.html" target="_blank">Semiconductor plant with Foxconn to come up in two years: Vedanta chairman</a></strong></p>.<p>Under the MoU, both associations will assist each other as the main counterpart organisation on semiconductor-related matters within India and the US as well as co-organise meetings between member companies to promote cooperation on issues of mutual interest.</p>.<p>The two sides will also co-organise joint events to explore potential opportunities for US-India cooperation within the global semiconductor value chain.</p>.<p>Headquartered in Washington DC, SIA represents 99 per cent of the US semiconductor industry by revenue and nearly two-thirds of non-US chip firms, while IESA is the premier Indian trade body focused on the development of vibrant Indian semiconductor and ESDM (Electronics System Design and Manufacturing) ecosystem and promoting Brand India.</p>.<p><strong>Check out latest DH videos here</strong></p>