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ASML and Tata Electronics Sign MOU to Support $11B Wafer Fab in India

GateNews

2026-05-16 23:41:29

On May 16, ASML and Tata Electronics signed a memorandum of understanding to support the construction and capacity ramp-up of Tata Electronics’ 300mm wafer fabrication plant in Dholera, Gujarat. The facility, India’s first 300mm commercial wafer fab, is planned with a total investment of $11 billion and will manufacture semiconductor products for automotive, mobile devices, AI, and other critical applications.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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