The impact of India-EU FTA on AI and semiconductor tech

The recent India-European Union (EU) Free Trade Agreement (FTA) marks a significant step in enhancing collaboration in advanced technologies, particularly in the fields of artificial intelligence (AI) and semiconductors. This agreement goes beyond merely securing supply chains and aims to foster joint research and development initiatives focused on semiconductor integration. A noteworthy aspect of this partnership is the formal connection established between the newly formed European AI Office and India's National AI Mission, which is expected to bolster both regions' capabilities in AI innovation and application. The collaboration is poised to not only enhance technological advancements but also create a more robust economic framework that could lead to job creation and increased competitiveness in the global tech market. As India seeks to strengthen its position in the global tech landscape, this FTA could serve as a catalyst for accelerated growth in these strategic sectors, aligning both India and the EU's interests in fostering innovation and ensuring technological sovereignty.