The US and India have recently resumed trade negotiations. Last year, the two sides had a standoff over tariffs, but now they have decided to break the ice. The new US ambassador to India said that reaching an agreement certainly won't be easy, but the matter is very important to both countries and has been included in the key agenda.

What’s even more noteworthy is next month. The Indian government officially announced its accession to a US-led semiconductor strategic alliance — the Silicon Peace Initiative. What does this alliance do? In simple terms, it brings together the efforts of various countries to reduce dependence on certain nations while ensuring that the supply chain of critical minerals remains stable.

India’s participation this time is particularly interesting. The southwestern coast holds a significant amount of rare mineral resources, which have now become strategic assets. In other words, India’s role in this supply chain restructuring is becoming increasingly important.