US Envoy Meets RBI Chief, Eyes Tech Partnership Via Pax Silica

US Ambassador to India Sergio Gor met with Reserve Bank of India Governor Sanjay Malhotra in Mumbai, discussing enhanced bilateral cooperation, particularly in advanced technology. Gor announced that India will be invited to join the US-led strategic Pax Silica initiative next month, focusing on semiconductors, AI, and secure supply chains. The ambassador emphasized the importance of US-India collaboration from the outset of such new technological initiatives. Both nations remain actively engaged on trade issues, with the next round of discussions expected shortly.

Key Points: US Ambassador, RBI Governor Discuss Tech Cooperation, Pax Silica

  • US Ambassador meets RBI Governor
  • Discussion on tech cooperation
  • India invited to join Pax Silica initiative
  • Focus on semiconductors and AI
  • Next trade talks scheduled soon
2 min read

Sergio Gor meets RBI Governor, discusses areas of increased cooperation

US Ambassador Sergio Gor meets RBI Governor Sanjay Malhotra, discusses semiconductor & AI cooperation, and invites India to join the Pax Silica initiative.

"Very much enjoyed meeting RBI Governor Sanjay Malhotra. We discussed areas of increased cooperation, including new state-of-the-art US technology - Sergio Gor"

Mumbai, Jan 17

US Ambassador to India, Sergio Gor, on Saturday said he met Reserve Bank of India's governor Sanjay Malhotra here, and discussed areas of increased cooperation.

Gor also visited the US Consulate in Mumbai during his first trip to the financial capital.

"Very much enjoyed meeting RBI Governor Sanjay Malhotra. We discussed areas of increased cooperation, including new state-of-the-art US technology," Gor said in a post on X.

According to the US envoy, India will be invited next month to join Pax Silica, a US-led strategic technology initiative focused on semiconductors, artificial intelligence and critical supply chains.

In an earlier X update, Gor said: "Excited to kick off my first visit to Mumbai with a visit to our Consulate! Our dedicated team working hard to bolster the US-India partnership."

He said that India and the United States remain actively engaged on trade issues, with the next round of discussions expected shortly.

Speaking briefly after taking office, Gor said India and the US are maintaining momentum in their trade discussions. He did not share details of the agenda but indicated that follow-up meetings between officials of the two countries are scheduled soon.

He said his mission would be to strengthen ties between what he described as the world's oldest and largest democracies.

Gor described Pax Silica as a US-led initiative launched last month to build a secure and innovation-driven silicon supply chain. The initiative covers everything from critical minerals and energy inputs to advanced manufacturing, semiconductors, AI and logistics. He said countries that joined the initiative in its first phase include Japan, South Korea, the United Kingdom and Israel.

As new technologies shape the future, it is important for India and the United States to work closely together from the very beginning of such initiatives, he added.

- IANS

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Reader Comments

P
Priya S
Good to see continued engagement. But I hope our negotiators ensure any cooperation benefits our domestic manufacturing (like PLI schemes) and doesn't just make us a market for US tech. We need tech transfer and local R&D.
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Rohit P
Semiconductors are the new oil. If this partnership helps us build a resilient supply chain and reduce import dependence, it's a big win for Make in India. Let's see the fine print though.
S
Sarah B
As someone working in tech, this is exciting news. Collaboration on AI ethics and standards from the start is crucial. Hope it leads to more opportunities for Indian engineers and startups.
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Vikram M
The US is clearly looking to counter China's influence in tech supply chains. India's participation is strategic for both sides. We must leverage this position to get the best deal for our national interests.
K
Karthik V
Meeting looks good on paper. My respectful criticism: Let's ensure the RBI's primary focus remains on inflation control and financial stability for the common man. These high-tech partnerships shouldn't distract from core economic issues.

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