Why does Tata Electronics & ASML's partnership for India's 1st semiconductor fab matter?

Tata Electronics and ASML, one of the world's top chipmaking equipment makers, have partnered to build India's first ​semiconductor fabrication plant in Gujarat. Tata Electronics will gain access to one of the most critical parts of the global semiconductor supply chain. The partnership will also focus on developing India's domestic semiconductor talent pipeline with cooperation on training.