ASML Partners With Tata on India's $11 Billion Chip Manufacturing Push

GuruFocus
2026.05.18 12:17
portai
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ASML Holding has partnered with Tata Electronics to enhance India's semiconductor manufacturing capabilities, focusing on a $11 billion 300 mm foundry in Gujarat. This collaboration aims to bolster India's position in the global chip market by 2032, while ASML seeks growth opportunities beyond its current markets. The partnership includes talent training and supply-chain development, signaling a shift towards serious manufacturing efforts in India's chip strategy.