India has officially joined the United States’ Pax Silica initiative, which has been launched to create a strong supply chain between trusted countries in future technologies such as semiconductor chips, AI and critical minerals. This agreement was signed during the India AI Impact Summit 2026. Pax Silica is being led by the United States Department of State and its goal is to secure the global tech supply chain. The global semiconductor market is worth more than $600 billion and is rapidly moving towards $1 trillion. India is also targeting $100 billion semiconductor market by 2030. IT Minister Ashwini Vaishnaw and US officials called it a strategic milestone. Know what benefits India will get from this partnership and how it will shape the future economy.

