Eurasian Development Bank asserts that industry is the key to achieving high income levels
Read more
UzDaily
uzdaily.uz

Eurasian Development Bank asserts that industry is the key to achieving high income levels

The Eurasian Development Bank (EDB) has presented an analytical report titled 'Architecture of Industrial Transformation in Developing Economies.' The bank states that it proposes a three-stage model for countries aiming to transition into high-income status.

The report is based on studying the historical experience of industrialization, modern theories of industrial policy, and approaches used by the World Bank and the International Monetary Fund. According to EDB data, production was linked to 64% of economic growth episodes over the last fifty years, and one industrial job supports an average of 2.2 additional jobs in related sectors.

The study indicates that industry accounts for 53% of global research and development activities, and industrial companies own nearly 60% of global green patents. The authors note that currently, 108 economies with a total population of about 6 billion people are classified as middle-income countries, but since 1990, only 34 economies have managed to move from this category to the high-income group.

The proposed architecture consists of three stages and is based on the World Bank's logic: 'investment — technological adoption — innovation.' The first stage involves creating basic production infrastructure, including energy, transport, water supply, industrial sites, and professional skills. In the second stage, individual production capacities are integrated into an industrial platform while simultaneously developing suppliers, engineering capabilities, and project financing. The third stage includes the application of research and development, pilot production lines, and the commercialization of domestic technological solutions.

For the Eurasian region, EDB defines different specialization directions. The bank points out that Russia and Belarus could focus on the production of complex equipment, components, and mechanical engineering; Kazakhstan and Uzbekistan could deepen processing in chemical, metallurgical, electrical engineering, and mechanical industries; while Armenia, Kyrgyzstan, and Tajikistan are capable of strengthening regional value chains through component and service production.

According to an earlier EDB scenario, the development of four complexes—chemical, mechanical engineering, high value-added metallurgy, and food industry—could generate over $510 billion USD in additional annual output at 2019 prices through export expansion, import substitution, and indirect impact on related industries. The report authors emphasize that industrial transformation requires the simultaneous development of physical and 'soft' infrastructure, which includes standards, certification, metrology, and engineering education. They also highlight the special role of multilateral development banks in preparing projects and attracting private capital.

Similar stories

Individuals Offering Illegal 'Umrah' Services Detained
Read more
uza.uz

Individuals Offering Illegal 'Umrah' Services Detained

The head of an air ticket office who offered illegal services for performing the 'Umrah' pilgrimage was detained in the Payarik district of the Samarkand region. Despite lacking the right to send people on 'Umrah', this individual exploited the trust of a local resident.

He demanded 1150 US dollars in exchange for organizing the citizen's trip to Saudi Arabia to perform the blessed journey.

Uzbekistan Foreign Minister Saidov Discussed Employment of Uzbek Citizens in Japan with Representative of Onodera User Run
Read more
podrobno.uz

Uzbekistan Foreign Minister Saidov Discussed Employment of Uzbek Citizens in Japan with Representative of Onodera User Run

The Foreign Minister of Uzbekistan, Bakhtiyor Saidov, met with Jun Kato, president of the Japanese company Onodera User Run. During this meeting, issues concerning the employment of Uzbek citizens in Japan were discussed, as well as plans to increase the number of training centers in various regions of the republic.

Onodera User Run is engaged in preparing, searching for, and placing foreign specialists. During the negotiations, representatives of Uzbekistan demonstrated their support for the initiatives of Onodera User Run aimed at ensuring the employment of Uzbek citizens outside the country.

The participants of the conversation paid significant attention to the idea of creating additional educational institutions in the regions of Uzbekistan to expand opportunities for professional training for young people.

The head of the MFA of Uzbekistan emphasized the country's readiness to deepen partnership with Japan in the fields of personnel training, employment, and attracting investment through the launch of new projects that will benefit both sides.

India shows growth in semiconductor partnerships amid chip supply chain expansion
Read more
yourstory.com

India shows growth in semiconductor partnerships amid chip supply chain expansion

A surge in the signing of Memorandums of Understanding (MoUs) was observed at SEMICON India 2026, as India's efforts in semiconductors shift from project approval to commercial production. During the event, companies announced several partnerships covering chip manufacturing, packaging, materials, design infrastructure, and workforce development.

These announcements came against the backdrop of the commencement of commercial production at CDIL Semiconductor facilities in Mohali and Suchi Semicon in Palsana, Gujarat. Prime Minister Narendra Modi highlighted the start of production at these two plants on the first day of the event.

The series of industry collaborations and agreements presented throughout the day reflects India's ambition to establish all necessary levels around semiconductor manufacturing—from critical materials and equipment to packaging, suppliers, chip design, and talent.

Tata Electronics was one of the most active participants. Its CEO, Randhir Thakur, stated that the company plans to sign 16 agreements with domestic and international partners at SEMICON India 2026. These deals involve companies from Europe, Japan, Malaysia, Singapore, India, and other markets.

Tata Electronics entered into a strategic partnership with Nexperia, which spans semiconductor manufacturing, packaging, technology, and research. Under this partnership, part of Nexperia's semiconductor portfolio will be manufactured at the upcoming Tata Electronics plant in Dholera, Gujarat, while discrete products will be packaged at the semiconductor assembly and testing facility in Jagirod, Assam. The companies also intend to collaborate in research, technology, and developing the relevant supply chain.

Furthermore, Tata Electronics joined forces with Ascendas Firstspace to create a 363-acre supplier park in Dholera. This park is intended to provide ready infrastructure for companies supplying components to the semiconductor industry. Ascendas Firstspace will lead the park's development, while Tata Electronics will provide industry requirements and assist in engaging suppliers.

Separately, Tata Electronics announced a collaboration with Japan's JSR Corporation regarding critical semiconductor materials, including photoresists and functional chemicals. This partnership also includes exploring technical support, warehousing, and future localization in India.

Another collaboration with Semiconductor Laboratory focuses on research and manufacturing in key semiconductor technology areas, as well as supporting chip design services, supply chain localization, and workforce development.

Tata Electronics also connected with Gati Shakti Vishwavidyalaya to train personnel ready for semiconductor facilities in engineering and infrastructure fields. With support from L&T EduTech and Jacobs Solutions, this initiative aims to develop curricula, certification, and training in areas such as cleanroom construction and semiconductor manufacturing.

Tata Electronics' broader list of partners includes Nexperia and BESI from Europe; JSR, Fujifilm, Sumitomo, and Sojitz from Japan; Ascendas Firstspace from Singapore; and L&T Semiconductors, Inox Air Products, Semiconductor Laboratory, and Gati Shakti Vishwavidyalaya from India.

The announcements also highlighted efforts to integrate chip design in India with domestic manufacturing and packaging capabilities. Suchi Semicon reported the successful packaging of an India-designed chip intended for industrial and automotive applications, including battery management systems, power source switching, LED lighting, HVAC systems, and home control systems. This announcement coincided with the start of commercial production at Suchi Semicon's OSAT facility in Palsana. CDIL Semiconductor also began production at its Mohali facility on Thursday.

Individually, Sensesemi Technologies and Quest Global announced a collaboration to integrate an India-developed sensor chip into next-generation smart metering solutions targeting the Indian, South Asian, and European markets. CDIL Semiconductors and Japan's Shinjin Electronic Manufacturing Company also announced a partnership to develop a TO-247 discrete power package using assembly and packaging technologies developed at CDIL's ATMP facility in Mohali.

The India Semiconductor Mission and Intel India launched an introductory course on semiconductors designed for students, faculty, specialists, entrepreneurs, and policymakers. The program will be available in 23 Indian languages and over 240 languages worldwide, aiming to expand access to fundamental knowledge in semiconductors.

Intel and the National Informatics Centre also announced an MoU focused on developing skills and capabilities in artificial intelligence and semiconductor technologies. The government separately announced six regional centers under the ChipIN initiative to expand access to advanced chip design infrastructure. These centers will provide academic institutions, researchers, startups, and innovators access to industrial-level automated electronic design tools, fabrication services, computing infrastructure, training, and technical support.

According to the announcement, the ChipIN Center has already provided access to these resources to over one lakh engineers from about 500 organizations. The regional centers are intended to bring these capabilities closer to institutions in the northern, southern, eastern, western, central, and northeastern parts of the country.

This series of agreements comes against the backdrop of the government's implementation of the Semicon 2.0 program, approved in July with allocations of ₹1,27,500 crore. This program has six focus areas: chip design, machinery and materials, new fabs, advanced packaging, research and development, and human resources.

Minister of Electronics and Information Technology Ashwini Vaishnaw stated during the event that the first phase of India's semiconductor program was mainly focused on building a foundation, while the second phase will focus more on creating a supportive supply chain. The government plans to increase support for chip design companies, including startups, through funding, tool provision, intellectual property support, deployment assistance, and customer sourcing. It also aims to support at least 200 companies and startups in chip design and train over one lakh technical specialists and manufacturing workers under Semicon 2.0.

Modi urged fabless companies to create and retain intellectual property in India, and he called upon equipment manufacturers and chemical and industrial gas suppliers to expand their presence in the country. This flow of agreements underscores the next challenge for India's semiconductor ambitions: attracting fabs and packaging plants is only part of the equation. Building a competitive domestic industry will also depend on India's ability to develop the materials, equipment, suppliers, design capabilities, and skilled workforce needed to support these plants at scale.

Popular