India and Vietnam agreed to expand cooperation in emerging technologies, research, and startup ecosystems following official talks in New Delhi, with the partnership elevated to an “Enhanced Comprehensive Strategic Partnership” during a state visit by Vietnam’s leader To Lam, according to The Economic Times.
Partnership Framework and Long-Term Goals
The expanded cooperation ties into both nations’ long-range development visions: India’s “Viksit Bharat 2047” and Vietnam’s “Vision 2045.” During the state visit, Vietnamese officials emphasized the importance of closer collaboration in science and technology amid rapid advances in artificial intelligence and semiconductors. The two countries set a bilateral trade goal of US$25 billion by 2030 and plan further meetings to convert the initial discussion into a formal action plan.
Technology Cooperation Areas
The official discussion covered a broad range of emerging technology domains, including artificial intelligence, cybersecurity, semiconductors, robotics, biotechnology, deep tech, and digital innovation. Cooperation mechanisms include startup exchanges, co-innovation centers, and industry-linked research initiatives. The ministers reviewed joint work under India-ASEAN science programs and discussed a proposed “co-research, co-development, co-production” model designed to create jointly branded technology products for deeper participation in global value chains.
Supply Chain Resilience and Semiconductor Focus
The partnership aligns with broader efforts to diversify technology supply chains and reduce overreliance on single countries—a goal reflected in discussions around the U.S.–India initiative on Critical and Emerging Technology (iCET) framework. In semiconductor manufacturing, the cooperation could connect India’s domestic fabrication capacity, including the Tata Electronics–Powerchip Semiconductor Manufacturing Corp. (PSMC) fab project in Dholera, Gujarat, with Vietnam’s existing strengths in semiconductor assembly and testing operations.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
