semiconductor / news / / Times Now
Prime Minister Narendra Modi is in the Netherlands, during the second leg of his 5-nation tour.
Tata Electronics and ASML signed an MoU to collaborate on India’s first semiconductor fab.
KEY POINTS
- ASML will provide Tata with advanced lithography products, technology, and expertise for the fabrication facility.
- The MoU was signed in the presence of Prime Ministers Narendra Modi and Rob Jetten in The Hague.
- ASML's CEO confirmed semiconductors are now a clear strategic priority for India’s industrial policy.
- Indian government reforms and incentives are specifically targeting sectors like semiconductors for foreign investment.
COMPANIES
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