Electronics manufacturing company Tata Electronics and Dutch semiconductor equipment major ASML have joined hands to enable chip manufacturing in India. The pact was announced during Prime Minister Narendra Modi’s visit to the Netherlands. ASML is known for having monopoly in a category of lithography equipment which is critical for production of advance small size semiconductors. A joint statement said, through this partnership, ASML will enable the establishment and successful ramp of Tata Electronics’ upcoming 300 mm semiconductor Fab in Dholera, Gujarat.
This collaboration is an important step in the context of the intensifying strategic collaboration between India and the Netherlands in the field of critical technologies, such as semiconductor technology. ASML, President and CEO, Christophe Fouquet, said that India’s rapidly expanding semiconductor sector represents many compelling opportunities, and they are committed to establishing long-term partnerships in the region.
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