Key facts
- Indian chemical firms are seeking foreign partnerships to enter the semiconductor industry.
- Companies need advanced purification technology and access to customers to meet chip fabrication standards.
- Tata Electronics is partnering with ASML for lithography tools and workforce development.
- Tata Electronics is building a semiconductor fab in Dholera, Gujarat, and a packaging facility in Assam.
Indian chemical companies are increasingly looking to foreign partnerships to gain entry into the semiconductor manufacturing sector, a move driven by the need for advanced purification technology and customer access. While some firms are leveraging the development of a Tata Electronics-built fab in Gujarat, others are pursuing joint ventures to accelerate their progress. Tata Electronics itself is set to sign 16 Memorandums of Understanding with global and domestic partners, including ASML, to bolster India's semiconductor supply chain. The company is investing significantly in a semiconductor fabrication plant in Dholera, Gujarat, and a packaging facility in Assam, aiming to produce chips at 28nm and 40nm nodes.