📊Executive Summary

The India-U.S. partnership in semiconductors and AI is transitioning from planning to implementation, with initiatives focusing on semiconductor manufacturing and technology supply chains. This collaboration, driven by the U.S.-India TRUST Initiative, includes projects like the Shakti Semiconductor Fab, which is developing compound semiconductors for electric vehicles and aerospace. Major U.S. tech companies are investing in India's AI infrastructure, indicating a significant shift in the semiconductor landscape. This partnership aims to strengthen technology ecosystems and reduce vulnerabilities in critical supply chains, which is crucial for procurement teams monitoring sourcing strategies and component availability....