Biden and Modi hail ‘watershed agreement’; Fab will supply chips to US and Indian defence forces; India says it showcases success of startups globally
Delaware/New York: In a pathbreaking agreement with the US, India is all set to get its first national security semiconductor fabrication plant that will supply chips to the US armed forces, its allied militaries, and Indian defence forces. The fab will be set up in India in 2025 and will be called Shakti.
Prime Minister Narendra Modi and US President Joe Biden ahead of the Quad Leaders' Summit in Wilmington on Saturday. (ANI)