Tokyo Electron’s Fumihiko Kaminaga emphasized India’s potential to become a major semiconductor hub, driven by domestic demand, a growing tech ecosystem, and government support under PM Modi. The company plans to establish offices in Bangalore and Gujarat, collaborating with Indian firms like HCL and TCS to enhance local capabilities. This partnership, highlighted during the recent India-Japan summit, aligns with Japan’s ambition to revitalize its semiconductor industry while leveraging India’s talent and cost advantages. Ultimately, this cooperation not only aims at reducing India’s reliance on imported chips but also strengthens the global semiconductor supply chain, showcasing a strategic alignment between India and Japan in technology and economic security.