Group 1 - Indian Prime Minister Modi announced the restart of the "semiconductor strategy" aiming for local chip manufacturing, with the first "Made in India" chip expected by the end of 2025 [1][7] - ASML's CEO, Christoph Fuque, expressed optimism about collaborating with Indian chip manufacturers and highlighted India's potential as a partner in the semiconductor industry [1][3] - ASML has established a presence in India and is sending more executives to explore opportunities for collaboration in the semiconductor supply chain [3][4] Group 2 - ASML has not yet invested significant funds in India but sees it as a rapidly growing market, contributing 27% of its system net sales from China and Taiwan [4][5] - The Indian semiconductor market is projected to exceed $55 billion by 2026 and reach $100 billion by 2030, driven by demand in smartphones, automotive, and 5G IoT sectors [5][7] - The Indian government previously launched the "Semicon India" initiative with an initial budget of $8.7 billion, but the results have been limited [7][8] Group 3 - Recent geopolitical tensions have shifted ASML's focus towards India as a new potential market amid challenges in sales to China [4] - The collaboration between India and Japan is also emphasized, with Japan supporting its companies in the Indian semiconductor market [7][8] - Despite government incentives, local knowledge accumulation and technology transfer remain challenges for India's semiconductor ambitions [8]