Explore Business Standard
Electronics manufacturing company Tata Electronics and Dutch semiconductor equipment major ASML have joined hands to enable chip manufacturing in India, a joint statement said on Saturday. The pact was announced during Prime Minister Narendra Modi's visit to the Netherlands. ASML is known for having monopoly in a category of lithography equipment which is critical for production of advance small size semiconductors. "Through this partnership, ASML will enable the establishment and successful ramp of Tata Electronics' upcoming 300 mm (12 inch) semiconductor Fab in Dholera, Gujarat. This collaboration is an important step in the context of the intensifying strategic collaboration between India and the Netherlands in the field of critical technologies, such as semiconductor technology," the statement said. Tata Electronics is setting up India's first semiconductor wafer fabrication plant, entailing an investment of Rs 91,000 crore. The collaboration between Tata Electronics and ASML
Semiconductor plants being set up in Dholera will use lithographic tools of Dutch company ASML, Union Electronics and IT Minister Ashwini Vaishnaw said during his visit to its facility in Veldhoven on Friday. Vaishnaw visited ASML Headquarters in Veldhoven, Netherlands, today, an official statement said. "Our fab in Dholera will be using the ASML equipment. So, I have come to visit here and understand their technology," Vaishnaw said. Tata Group is setting up a chip manufacturing unit in Dholera, which entails an investment of around Rs 91,000 crore. The centre has committed 50 per cent fiscal support on a pari-passu basis, and the state government will provide 20 per cent support. The minister said that ASML is the world's leading provider of lithographic tools and enables practically every chip manufactured in the world. "India has started a new semiconductor industry, and in the entire semiconductor industry, lithography, which basically means printing the circuit on the wafer,