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India signs US-led AI supply chain initiative at Pax Silica Summit

Praveen Gautam by Praveen Gautam
June 26, 2026
in Business, Latest News
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India, along with 34 other countries, has signed a US-led initiative to build trusted and resilient supply chains to support artificial intelligence (AI) technologies at the second Pax Silica Summit held in Washington yesterday.

US Under Secretary of State for Economic Affairs Jacob Helberg said the participating countries endorsed the Joint Statement on AI Opportunity, aligning behind a pro-growth and pro-innovation regulatory approach for the AI era.

Speaking to the media, Mr Helberg said the United States is keen to deepen its partnership with India, describing the bilateral relationship as one of the most consequential of the 21st century. He said key issues relating to bilateral cooperation with India, including the Quad and the TRUST initiative, were discussed.

India was represented at the summit by Secretary in the Ministry of Electronics and Information Technology S. Krishnan, along with representatives from Indian industry. The Indian delegation held discussions with industry leaders on advancing collaboration in semiconductors, artificial intelligence, and resilient technology supply chains.

On the sidelines of the summit, Argentina, Chile, Costa Rica, Germany, Greece, Kazakhstan, the Netherlands, Panama, and the European Union joined the Pax Silica initiative. India had joined the initiative in February this year on the sidelines of the AI Impact Summit held in New Delhi.

Praveen Gautam

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