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Cabinet approves India-Europe initial pact to boost semiconductor sector, ET Auto

The initial pact on semiconductors was signed by Ashwini Vaishnaw and Thierry Breton, European Commissioner for Internal Markets.The cabinet on Thursday approved an initial pact signed between India and the European Union to boost cooperation for semiconductor research and innovation and advancement of technologies. The Memorandum of Understanding was signed on November 21, 2023, between India and the European Commission on Working Arrangements on Semiconductors