The technological collaboration between the United States and India has been solidified through the iCET initiative, marking a shared goal of decreasing their dependence on China. Despite India’s ambitious efforts to establish a domestic ecosystem, the country continues to rely on imported electronic components from China.
The recent expansion of technology cooperation between the US and India is a strategic move to lessen their reliance on China, particularly in the realm of electronic components. With India’s significant dependence on China for such imports, both nations have expressed the urgency to bolster their collaboration and diminish their exposure to the risks associated with relying solely on a single supply chain.
The Indo-Pacific Economic Quad nations, comprising the US, India, Japan, and Australia, have been actively seeking avenues to collaborate and counteract China’s dominance, particularly in the technology sector. The iCET initiative (Indo-Pacific Economic Cooperation Technology) has emerged as a channel through which the US and India could deepen their technological ties to reduce their dependence on products from China.
India’s ambitious agenda to bolster its local electronic manufacturing has been hindered by its substantial reliance on China for crucial components. This dependency has raised concerns about the security and stability of the supply chain and has also impeded India’s aspirations to establish a self-sustained ecosystem for electronic goods.
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In conclusion, the partnership between the US and India in the technology sector, as demonstrated by the iCET initiative, holds immense promise for both nations as they seek to reduce their reliance on imported electronic components from China. This step signifies not only a significant stride in their bilateral collaboration but also reflects the broader geopolitical dynamics unfolding in the Indo-Pacific region.