India and the US are collaborating to boost semiconductor supply chains globally, with initiatives to diversify and strengthen these supply chains across the world. Some of the key efforts being taken by these two countries include:

• Initiating a new supply chain dialogue to support resilient supply chains in semiconductors and IT.
• Establishing a Joint Working Group on Semiconductor and Related Technologies to support manufacturing, research, and development.
• Building a new partnership between the US Department of State and India's Ministry of Electronics and Information Technology to promote cooperation in areas such as cybersecurity, emerging technologies, and semiconductors.
• Encouraging private sector investment in semiconductor manufacturing and research in India and the US to reduce dependence on China.
• Collaborating with other countries, such as Japan, South Korea, Taiwan, and European countries, to strengthen semiconductor supply chains around the world.

These efforts are crucial for reducing vulnerability to supply chain disruptions and enhancing the resilience of global supply chains in critical industries such as semiconductors.