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The Economic Times

Economy / The Economic Times

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Tata Electronics, ASML explore making chip equipment components in India

Tata Electronics and ASML are exploring manufacturing advanced chipmaking components in India. This collaboration aims to boost localization within India's semiconductor ecosystem. Discussions are in early stages, following a recent memorandum of understanding. The focus includes precision mechanicals and electronic modules for lithography machines. This move signals India's growing role in the global semiconductor supply chain.

1 Aug 2026 5:30 am