(Alliance News) - Eles Semiconductor Equipment Spa announced Monday that it has received a first order from a new Indian customer, a leader in "Concept to Chip" Design&Test, for an ART system, a universal platform for Zero Defect Reliability Testing by RETE - Reliability Embedded Test Engineering.

India, starting with the 'major investment of USD11 billion planned by TATA Electronics and Taiwanese PowerChip Semiconductor, is working toward the creation of a robust semiconductor ecosystem and a major front-end facility in the Gujarat region, as the note released by the company recalls.

Antonio Zaffarami, chairman of the Eles board of directors, commented, "India is a new high-growth market for semiconductors and entering it is a great opportunity. We are confident that the NETWORK methodology will bring a great distinctive and competitive advantage, particularly important in a structuring environment where there are no barriers to innovation."

Eles is up 1.1 percent to EUR1.78 per share.

By Claudia Cavaliere, Alliance News reporter

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