8SEPTEMBER, 2025ASML PLANS INDIA PARTNERSHIPS TO BOOST SEMICONDUCTOR INDUSTRYSIEGWERK TO INVEST INR 350 CR IN INDIA TO STRENGTHEN R&D AND MANUFACTURINGASML, the Dutch tech giant known for its cutting-edge chipmaking equipment, is exploring potential partnerships in India's semiconductor industry as the country accelerates efforts to build its own manufacturing ecosystem.This concurrent opportunity comes while global interest in semiconductors is on the rise across industries, from smartphones and vehicles to advanced telecom.India is undertaking its Semiconductor Mission, a $10 billion endeavor to create an independent system of high-tech chip manufacturing and reduce dependence on imports.This government-funded action has started to draw attention from global leaders such as ASML whose extreme ultraviolet (EUV) lithography machines are indispensable to producing the most advanced chips.ASML indicated that discussions are taking place with several Indian companies and research institutions regarding possible partnerships that could lead to technology sharing, workforce training, and assistance in building advanced fabrication plants, all of which will be crucial for India to build its role in the global semiconductor supply chain.The increasing trade uncertainties and a backdrop of a global chip shortage - have made diversification of semiconductor production vital. With its expanding tech ecosystem and growing skilled workforce of engineers, India has considerable potential. However, the result is still outsized capital costs of fabs and uncertainty about continued support from the government.If ASML moves down this path of greater involvement, their expertise could give India the technological advantage it needs to be a substantial player in the global semiconductor space and enable new growth opportunities in a number of industries. Siegwerk, a worldwide expert in printing inks and coatings, today announced a strategic investment of INR 350 crores over the next three years to bolster its operations in India. Through this investment, the goal is to strengthen R&D and manufacturing to make India a major part of its global growth plan.This investment will significantly enhance the Global Innovation and Capability Center (GICC) in India, which will become a world-class center for R&D, regulatory, digital, and customer collaboration.The newly improved facility will focus on developing next-generation, safe, and sustainable ink solutions while ensuring compliance and addressing both the global and local market demands.In addition, the company is building a new National Distribution Centre in Tauru and creating 14 Colour Matching Centres (CMC) throughout India to improve the availability and delivery speed for flexible packaging, sheetfed, narrow web, and paper & board applications.Enough with the infrastructure, the company will be expanding its Pune blending facility, which has recently been automated, to sustain the water-based inks demand. This facility will be critical in supporting Siegwerk's sustainable supply chain in India.Ashish Pradhan, President ­ Asia, Siegwerk, stated "India continues to be a strategic growth market for us. With this investment, we are not only expanding our physical infrastructure but also investing in the future of sustainable packaging. The GICC will play a pivotal role in our global innovation efforts and reflects our commitment to building long-term value for customers, communities, and the country."Manjusha Singh, CEO ­ Siegwerk India Region, added "This investment goes beyond business growth--it's about driving transformation. By pioneering mineral oil-free inks and advanced R&D capabilities, we're shaping a safer, more sustainable future for the packaging industry in India and globally". TOP STORIES8SEPTEMBER, 2025
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