India, March 3 -- Amid the government's push in boosting India's semiconductor sector, Japanese semicon firm Tokyo Electron Limited (TEL) is reportedly looking to set up its manufacturing presence in the country.

"While localisation is not an immediate priority, Tokyo Electron is eager to align with India's market needs," ET reported, citing TEL India Project's director Vaidya Bharadwaj.

Inc42 has reached out to Bharadwaj for comments on the development. The story will be updated based on his response.

"For us, manufacturing involves assembling components to create advanced machines such as coater/developers, etchers, cleaners, wafer bonders/debonders, and test systems. Currently, most of this work is carried out in Japan, with a small...