India will participate in the second Pax Silica Summit in Washington DC to seek semiconductor investments and explore access to the $250 million Pax Silica Seed Fund under the 16 nation technology coalition, as per news reports.
Ahead of the summit, S Krishnan, Secretary, Ministry of Electronics and Information Technology (MeitY), met Jacob Helberg, US Under Secretary of State and host of the Pax Silica initiative.
The discussions covered cooperation in semiconductor manufacturing, artificial intelligence (AI) adoption, diversified and trusted supply chains, and access to critical minerals.
Senior officials from the Ministry of Electronics and Information Technology and the Ministry of External Affairs will represent India at the summit.
India plans to showcase its progress in semiconductor manufacturing and design, the expanding Assembly, Testing, Marking and Packaging (ATMP) ecosystem, and the potential of its domestic semiconductor market. Leading global AI companies associated with Pax Silica are also expected to participate.
India is seeking access to the $250 million Pax Silica Seed Fund, which supports critical mineral extraction and processing, critical infrastructure and manufacturing assets across projects involving Pax Silica member governments and private-sector partners.
According to officials, the fund is also expected to encourage investment from sovereign wealth funds and private investors managing more than $1 trillion in assets.
India and the US had earlier discussed potential support for Indian semiconductor projects involving American companies during Foreign Secretary Vikram Misri's visit to the US in February and US Secretary of State Marco Rubio's visit to India in May.
The US has also expressed interest in expanding collaboration on next-generation data centres, AI computing, AI processors, and industry partnerships.
Pax Silica is a US-led initiative to strengthen economic security through trusted technology partnerships by diversifying semiconductor, critical minerals and rare earth supply chains. India joined the initiative in February 2026.
Read More: India and US Engage in High-Level Trade Talks on Bilateral Agreements!
The Pax Silica Summit brings together member countries to advance cooperation on semiconductors, critical minerals, AI and technology supply chains, with India participating as part of its ongoing engagement with the initiative.
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Published on: Jun 25, 2026, 1:51 PM IST
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