The US Semiconductor Industry Association has highlighted key expectations from the ongoing India-US Bilateral Trade Agreement (BTA) talks. Zero tariffs and smooth customs are seen as critical to boosting semiconductor trade. The sector is eyeing rapid growth, and India is urged to act fast to become a global manufacturing hub.
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- US semiconductor group wants zero tariffs in India-US trade deal
- Smooth, fast customs procedures also a top demand
- India seen as key player in future chip supply chains
- Global chip market may hit $1 trillion by 2030
- AI and auto demand driving global semiconductor growth
- India announced 6 new chip projects in recent years
- BTA and TRUST deal seen boosting tech investment flows
- Regulatory clarity, trade-friendly rules needed to attract US firms
- India must make strong business case to gain more FDI
- Timing crucial; global disruptions creating rare opportunity
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