ASML Builds Local Supply Chain as India's Chip Growth Unfolds: Vaishnaw
ASML has started scouting Indian suppliers as Union Minister Ashwini Vaishnaw says India's semiconductor growth is unfolding across fabs, ATMP, R&D, talent and design.
India's semiconductor sector is moving into a new phase of expansion spanning manufacturing, equipment, research, talent and chip design, Union Minister Ashwini Vaishnaw said, as Dutch equipment major ASML began work on building a local supply chain in the country.
Speaking at SEMICON India 2026, Vaishnaw said the industry now rests on a stable foundation. "A stable foundation has been established for the semiconductor industry in India, and future growth is now unfolding across various areas—including materials, machines, new fabs, new ATMP units, R&D, talent, and design," he said.
The minister met Wayne Allan, Executive Vice President and Chief Strategic Sourcing and Procurement Officer at ASML Holding, who outlined the company's plans to deepen its presence in India. Allan said ASML has begun reaching out to prospective Indian suppliers and described the early response as encouraging.
"We need to build a supply chain before we can do manufacturing because we don't want to be shipping parts in for manufacturing. We want to be able to build a supply chain locally, so this is going to take some time," Allan said, adding that the company is also engaging with peers such as Applied Materials and Lam Research to draw on their experience in the Indian market.
"We are just getting started, so we are getting names of suppliers and starting to have those engagements now. This is quite encouraging already," he said.
Vaishnaw said the next phase of the Semicon mission, referred to as Semicon 2.0, will concentrate on building a skilled workforce, with plans to train one lakh technicians for semiconductor manufacturing. Young people entering the sector will go through structured training programmes aligned with industry requirements so they can work in factories being set up under the Semicon Mission, he said.
According to the minister, India's design strengths and talent pool are drawing global interest. "Considering India's design capabilities and the talent available in the country, the world wants India to emerge as a major semiconductor destination, both for design and manufacturing," he said.
The fifth edition of SEMICON India is being held from September 17 to 19 at the Yashobhoomi Convention Centre in Delhi under the theme "Silicon to Systems: Building the Ecosystem." The three-day national convention brings together participants from the country's semiconductor and electronics ecosystem, with several global companies using the platform to set out investment and expansion plans.