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Economy News

The Economic Times

Economy / The Economic Times

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India enters the story as China begins to rewrite the chips playbook

India and China are pursuing sharply different semiconductor strategies. While China is developing domestic lithography machines to reduce reliance on foreign technology, India is strengthening ties with ASML through Tata Electronics to enter the global semiconductor equipment supply chain. The Tata-ASML discussions could help India build advanced manufacturing capabilities and emerge as a key player in the semiconductor ecosystem.

1 Aug 2026 2:42 pm