With the IT Ministry, tech giant IBM signed three agreements relating to semiconductors, AI, and quantum computing.

The action gains relevance as India makes determined efforts to establish itself as a leader in cutting-edge new technology.

IBM would create a semiconductor research center in the nation as part of the cooperation and serve as a knowledge partner of the India Semiconductor Mission.

By giving Indian professionals and students access to research facilities, the semiconductor research center will also aim to improve their skills.

The Memorandums of Understanding were signed under the direction of Union Minister Dharmendra Pradhan.

According to IBM, the courses created in accordance with the MoUs will play a significant role in equipping teenagers with the skills necessary for success in the modern digital workforce.

The agreements are crucial as AI, quantum computing, and semiconductors are the three technologies that will determine the future of technology and innovation in the coming years, according to Rajeev Chandrasekhar, Minister of State for Electronics and IT.

He said that the IBM partnership will help the nation with semiconductor research, considerably increase the footprint of semiconductor innovation in startups, and address the problem of developing talent.

Sandip Patel, the company's managing director for India and South Asia, said that the semiconductor research center will also support advancements in semiconductor technologies including logic, advanced packaging, and heterogeneous integration.

Earlier this year, IBM announced eight additional agreements with the Government of India to offer specialized training programs to get people ready for new technologies.

The deal was signed on September 27 with organizations affiliated with the Ministries of Education, Skill Development, and Entrepreneurship.

“IBM has signed an MoU (memorandum of understanding) with India.AI and together we intend to collaborate to establish a world-class national AI innovation platform which will focus on AI skilling, ecosystem development, and integrated advance foundation models in generative AI capabilities,” Patel said.