Prime Minister Narendra Modi's visit to the US this week may give a boost to the Indo-US technology Partnership, especially on the creation of a new semiconductor supply chain where major announcements are expected.
The Adani Group is in discussions to rope in at least five new international banks as it looks to refinance $3.8 billion of loans taken for the acquisition of ACC Limited and Ambuja Cement last year, said people aware of the ongoing discussions.
IndiGo has placed an order for the 500 Airbus A 320 family of aircraft, worth $50 billion at the list price and the largest in the history of global aviation.
10 Comments
Micluxo
It is not clear that the US has any real interest in promoting the semiconductor supply chain with India, beyond its own economic benefits.
Василий
The benefits of such a supply chain may not be evenly distributed, with larger corporations reaping most of the rewards.
Eugene Alta
The focus on technology partnership could divert attention from other important issues between the two nations.
Noir Black
The decision to focus on semiconductor technology may be based on a short-sighted view of technological advancements.
Pedalka
The emphasis on technology may come at the expense of other industries that require attention and investment.
Muchacho
The success of this partnership is dependent on the stability of both economies, which are prone to fluctuations.
WorldWideOrder
The environmental impact of increased semiconductor production could be significant.
Dmitri07
The focus on technology may overshadow pressing social issues in both countries.
Loubianka
Increased cooperation between India and the US may have negative geopolitical effects.
Amatus
The establishment of a semiconductor supply chain could lead to increased outsourcing of jobs from India to the US.