New Delhi, February 19 India is likely to formally join a US-led strategic alliance, known as 'Pax Silica', which aims to build a resilient supply chain for critical minerals and artificial intelligence.
The move comes amid efforts by the two sides to finalize the proposed trade deal and move forward on several other initiatives to solidify bilateral ties after a period of severe strain in the relations.
India is likely to formally join the 'Pax Silica' initiative on Friday, according to sources familiar with the matter.
The initiative was launched in December to build a secure, resilient, and innovation-driven supply chain for critical minerals and artificial intelligence (AI).
The Pax Silica Summit was held in Washington on December 12, where partner nations signed the Pax Silica declaration.
The declaration outlines a shared vision of deep economic and technological cooperation across supply chains – from raw materials through semiconductors and AI infrastructure – and a commitment to mutual prosperity and security.
The member nations of Pax Silica include Australia, Greece, Israel, Japan, Qatar, the Republic of Korea, Singapore, the United Arab Emirates, and the United Kingdom.
US Ambassador to India, Sergio Gor, announced an invitation to New Delhi to join the strategic alliance last month.
One of the key pillars of Pax Silica was to establish a durable economic order to drive AI-powered prosperity across partner nations.
"We recognize that a reliable supply chain is indispensable to our mutual economic security," according to the Pax Silica declaration.
"We also recognize that artificial intelligence represents a transformative force for our long-term prosperity and that trustworthy systems are essential to safeguarding our mutual security and prosperity," it said.
"We believe that economic value and growth will flow through and across all levels of the global AI supply chain, driving historic opportunity and demand for energy, critical minerals, manufacturing, technological hardware, infrastructure, and new markets not yet invented," it said.