ASML has begun operations in India, initially hiring 20-30 engineering graduates. The Dutch chip equipment maker's expansion depends on the success of Tata Electronics' 300mm fab and India's semiconductor ambitions. The government's Semicon 2.0 scheme offers $13.5 billion in incentives, with $12 billion in investment proposals expected.
ASML Starts India Operations, Ties Growth to Tata Electronics
Source: Moneycontrol