Core Viewpoint - Japan and India are taking steps to transfer the production of older semiconductor and LCD technologies to India as part of their economic security cooperation plan to reduce reliance on China [3]. Group 1: Production Transfer Plan - The production transfer plan, developed by the Japan External Trade Organization (JETRO) and the Federation of Indian Chambers of Commerce & Industry, will be announced soon and aims to shift production of products that Japan lost capacity for due to low-priced Chinese products to India [3]. - The plan includes the production of semiconductors, LCDs, solar equipment, batteries, and compressors, with a focus on restructuring and expanding India's production capacity [3]. Group 2: Legislative Measures and Industry Growth - India will implement legislation similar to Japan's to combat technology leaks, as it aims to increase domestic production of core semiconductor components that are currently reliant on imports from China [3]. - The Indian government, led by Prime Minister Modi, seeks to develop a large-scale production model that leverages its competitive labor costs while introducing traditional Japanese technologies [3]. Group 3: Corporate Initiatives - Some companies have already begun initiatives in line with the transfer plan, including a Japanese battery manufacturer planning to sign a memorandum of understanding with an Indian company for joint production [4]. - Another Japanese electrical manufacturer has started constructing a compressor factory in Tamil Nadu, India [4]. Group 4: Trade Relations and Tariffs - Due to India's purchase of Russian oil, the U.S. has imposed a 25% tariff on Indian goods, raising the total tariff to 50%, which has led to closer ties between India and China [4]. - Japan is also promoting stronger relations with India amidst these developments [4].