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2w ago

ASML Explores India Market, Rules Out Local Manufacturing and R&D for Now

The Dutch chip-equipment maker is evaluating India’s semiconductor ecosystem following Semicon India to navigate growth under tightening trade rules.

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Countries around the world are racing to secure their technological future and we applaud India’s ambition to emerge as a leader in this space, ASML CEO Christophe Fouquet said. (HT)
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Overview

  • CEO Christophe Fouquet said ASML has no plans to set up manufacturing or R&D in India at this time, with customer service remaining the immediate focus.
  • ASML attended Semicon India 2025 to study opportunities and relationships, noting its India business is very small but engagement with local companies is expected to increase next year.
  • The company acknowledged that recent U.S. tariff announcements have raised macro uncertainty, while saying the direct impact on ASML is likely limited.
  • Sales prospects in China remain pressured by U.S.-led export restrictions, as India courts global suppliers with incentives and new projects.
  • ASML’s EUV lithography systems remain central to advanced chip production for foundries such as TSMC, Intel and Samsung, and the company collaborates with Nvidia on computational lithography.