India and Lithuania have great potential to collaborate in the field of deep technology, startups, and semiconductor chips. On Tuesday, a high-level Lithuanian delegation led by Economy and Innovation Vice Minister Karolis Aemaitis called on Union Science & Technology Minister Jitendra Singh and discussed ways and means to revive the 2010 agreement in science and technology.
India and Lithuania agreed to work in the areas of deep tech startups as well as forge lasting ties in the manufacturing of semiconductor chips.
Responding to the keen interest of the Indian minister to give a further fillip to startup culture to create more job opportunities and wealth creation, Aemaitis assured him that Lithuania has robust know-how and capacities in life sciences, biotechnology, and other STEM areas and is keen to have cooperation between the two countries in high tech startups.
Singh said that India has made rapid advances in the last nine years under Prime Minister Narendra Modi in science, technology, and Innovation and conveyed to the Lithuanian side that India is ready to extend all help to its age-old partner. He said apart from rapid, and globally recognized achievements in space, its biotech laurels in 4 indigenous vaccines for COVID is before the world.
The Lithuanian Minister mentioned that a global MNC from his country, “Teltonika,” is working with Taiwan to manufacture sophisticated chips. The company also has a presence in India and can take the collaboration of chip-making to a new height in years to come.
The Department of Science & Technology, through the MEA, has been negotiating a Science & Technology Agreement with Lithuania since 2010. In April 2010, a revised Indian counter-draft incorporating a few minor modifications was formally submitted to the Lithuanian side, and its formal response is still awaited.
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