India and Japan Strengthen Strategic Partnership Amid Semiconductor and AI Challenges
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- India and Japan's relationship has evolved into a comprehensive partnership.
- Japan's semiconductor market share has declined from over 50% to 10%.
- Japan and India signed a memorandum to strengthen semiconductor collaboration.
- Collaboration includes sectors like robotics and renewable energy.
- Bilateral trade has grown from $16.95 billion to $22.85 billion.
- Japan is India's fifth-largest foreign investor with $41.4 billion.
- The partnership promises mutual growth and regional stability.
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