Tata and ASML to build India's first semiconductor fab
Tata Electronics and ASML will build India's first chip plant in Gujarat. The eleven billion dollar project aims to produce chips for AI and mobile devices.
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Tata Electronics and ASML HOLDING NV signed an agreement on Saturday to build an $11 billion semiconductor fabrication plant in India. The facility in Gujarat marks the first front-end chip plant in the country as it seeks domestic manufacturing independence. The partnership secures critical lithography technology for India's $14 billion chip expansion amid shifting global supply chains.
