India and Singapore Deepen AI, Chips Ties as US Tariff Risks Grow

India and Singapore pledged Thursday to deepen cooperation on artificial intelligence and semiconductors, signing new industry pacts as New Delhi works to expand trade ties with key partners and blunt the impact of 50% US tariffs.

“Singapore is a strong pillar of our Act East Policy,” Indian Prime Minister Narendra Modi said during a joint statement in New Delhi alongside Singaporean counterpart Lawrence Wong. “Tech and innovation are pillars of our relationship.”