ASML Sees India as a Strategic Pivot Amidst Global Chip Landscape Shifts.

ASML CEO Christophe Fouquet has signaled interest in building ties with India's chip industry, which is receiving $8.6 billion in government support. India is expected to focus on less advanced nodes, but projects are already underway, including a $3 billion facility by Micron and an $11 billion fab by Tata Group. ASML sees potential for India's semiconductor market to hit $100 billion by 2030, and is positioning itself for growth in a region that is a key market for its tools.