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Business4 days ago

ASML Partners With Tata Electronics to Advance India Chip Plans

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ASML Partners With Tata Electronics to Advance India Chip Plans

ASML Holding NV entered into a partnership agreement with Tata Electronics Private Limited aimed at ramping up India’s goal to develop domestic chip-manufacturing capabilities.

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Send a tip to our reporters Site feedback: Take our Survey New Window Facebook X LinkedIn Email Link Gift By Sarah Jacob and Patrick Van Oosterom May 16, 2026 at 4:02 PM UTC Bookmark Save ASML Holding NV entered into a partnership agreement with Tata Electronics Private Limited aimed at ramping up India’s goal to develop domestic chip-manufacturing capabilities.

The Dutch company’s technology will help power Tata Electronics’ planned 300 millimeter (12 inch) semiconductor foundry in Gujarat, according to a joint statement Bloomberg Terminal from the two companies on Saturday. The signing of a memorandum of understanding coincides with a visit by Indian Prime Minister Narendra Modi to the Netherlands, which is looking to deepen bilateral relations with New Delhi.

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