India and Singapore Inks MoU Across Sectors of Semiconductors, Digital Technology The MoU focuses on collaboration in digital technologies, including cybersecurity, 5G, quantum computing, artificial intelligence (AI) and supercomputing.
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India and Singapore have taken significant steps to enhance their bilateral cooperation by signing four key Memoranda of Understanding (MoUs) across several vital sectors. These agreements, signed during Prime Minister Narendra Modi's visit to Singapore, aim to foster collaboration in digital technologies, semiconductors, health, and skill development, marking a new chapter in the relations between the two nations, as reported by ANI.
Prime Minister Modi arrived in Singapore on Thursday, receiving a ceremonial welcome at the Parliament House. He met with the Prime Minister of Singapore, Lawrence Wong, where the two leaders engaged in bilateral discussions with their respective delegations. Following the talks, the MoUs were signed, laying the groundwork for deeper cooperation.
The first MoU was signed between India's Ministry of Electronics and Information Technology and Singapore's Ministry of Communications and Information. This agreement focuses on collaboration in digital technologies, including cybersecurity, 5G, quantum computing, artificial intelligence (AI) and supercomputing. The MoU aims to foster innovation and development in emerging technologies, and also supports upskilling and reskilling initiatives for workers in the digital domain, addressing the growing demand for a digitally skilled workforce.
A second MoU, centered on semiconductor development, was signed between India's Ministry of Electronics and Singapore's Ministry of Trade and Industry. This agreement aims to promote collaboration in building a semiconductor ecosystem, which includes developing talent for semiconductor design and manufacturing. Given Singapore's strong position in the global semiconductor value chain, the MoU will encourage Singaporean companies to invest in India, boosting India's capabilities in this critical sector. The dialogue mechanisms outlined in the agreement are expected to facilitate these investments and accelerate growth in the industry.
Health cooperation was another key focus of the visit. The third MoU, signed between India's Ministry of Health and Family Welfare and Singapore's Ministry of Health, emphasizes joint research, innovation and development in healthcare and pharmaceutical sectors. This partnership will also help strengthen the healthcare workforce, with a specific focus on training Indian healthcare professionals for opportunities in Singapore.
In addition to these areas, skill development received significant attention through the fourth MoU between India's Ministry of Skill Development and BIZ Experiencesship and Singapore's Ministry of Education. The agreement is designed to enhance cooperation in technical and vocational education and training, building on the existing collaboration between the two nations. This initiative aligns with ongoing efforts to promote skill development and workforce readiness, particularly in technical fields.
