India will aim to get semiconductor investments and multilateral funding at the second summit of the 16-nation Pax Silica international coalition, focused on securing access to critical raw materials and rare earths in the backdrop of China’s weaponisation of supply chains.
Senior officials from the ministries of electronics and information technology, and external affairs will be in Washington DC for the conference on Thursday-Friday. The Netherlands, Germany and the European Union — newest entrants to the pact holding significant semiconductor manufacturing capability — will also participate.
“Pax Silica is the US Department of State’s flagship effort to strengthen economic security through trusted technology partnerships,” said an official. “It will be used to showcase India’s shift towards being a semiconductor manufacturing and design hub; the widening assembly, testing, marking and packaging ecosystem; as well as the potential for semiconductor devices in our vast internal market.”
Leading global artificial intelligence companies partnering in Pax Silica are also expected to be represented.
