# ASML Partners With Tata Electronics to Advance India Chip Plans — retained record

> Retained news record from news:bloomberg-tech.

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source: [news](https://highsignal.app/data/news) (news:bloomberg-tech)  published 2026-05-16 16:02 ingested 2026-05-17 08:13

[ASML Holding NV](https://highsignal.app/entities/ASML)[original source ↗](https://www.bloomberg.com/news/articles/2026-05-16/asml-partners-with-tata-electronics-to-advance-india-chip-plans)

## extract

ASML Partners With Tata Electronics to Advance India Chip Plans
ASML Holding NV entered into a partnership agreement with Tata Electronics Private Limited aimed at ramping up India’s goal to develop domestic chip-manufacturing capabilities.
The Dutch company’s technology will help power Tata Electronics’ planned 300 millimeter (12 inch) semiconductor foundry in Gujarat, according to a joint statement from the two companies on Saturday. The signing of a memorandum of understanding coincides with a visit by Indian Prime Minister Narendra Modi to the Netherlands, which is looking to deepen bilateral relations with New Delhi.

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