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    Home»Latest News»India’s Tata and Dutch giant ASML sign semiconductor deal during Modi visit | International Trade News
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    India’s Tata and Dutch giant ASML sign semiconductor deal during Modi visit | International Trade News

    Ironside NewsBy Ironside NewsMay 17, 2026No Comments2 Mins Read
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    Prime Minister Narendra Modi says his talks with the Dutch PM additionally centered on increasing cooperation in defence and safety.

    Printed On 17 Might 202617 Might 2026

    India’s Tata Electronics has signed a take care of Dutch expertise large ASML to construct a serious semiconductor plant in western India, as Prime Minister Narendra Modi visited the Netherlands throughout his European tour.

    The settlement, introduced on Saturday, will assist the event of Tata’s semiconductor facility in Dholera, Gujarat – Modi’s house state.

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    ASML, Europe’s largest expertise firm by market worth, manufactures superior lithography machines used to provide high-end microchips present in merchandise starting from cellphones to vehicles.

    The Dutch firm stated it could assist “set up and ramp up” manufacturing on the plant by supplying its cutting-edge chipmaking instruments.

    Tata Electronics plans to take a position $11bn within the facility, which is anticipated to fabricate chips for synthetic intelligence, the automotive business and different sectors.

    ASML chief government Christophe Fouquet stated the corporate noticed “many compelling alternatives” in India’s rising semiconductor business.

    “We’re dedicated to establishing long-term partnerships within the area,” Fouquet stated in an announcement.

    The deal comes as India and the Netherlands transfer to deepen financial ties, with New Delhi looking for overseas expertise and funding to spice up manufacturing and create jobs.

    The European Union has more and more seen India – the world’s most populous nation and one among its fastest-growing economies – as a key future market.

    Throughout his go to, Modi held talks with Dutch Prime Minister Rob Jetten and met King Willem-Alexander.

    “My conversations with Prime Minister Rob Jetten had been intensive and lined a variety of matters,” Modi wrote on X.

    “Considered one of them was protection and safety. I spoke about the potential for drawing up an motion plan for the protection business as shortly as doable. We will additionally collaborate in sectors akin to house journey, maritime techniques, and maritime safety.”

    Modi additionally addressed members of the Indian diaspora and is anticipated to examine centuries-old Chola copper plates being returned to India by Leiden College.

    Indian and Dutch officers are additionally discussing a extra versatile visa association for Indian college students and staff within the Netherlands.

    Modi will subsequent journey to Sweden for talks with Prime Minister Ulf Kristersson centered on commerce, innovation and inexperienced expertise cooperation. The go to marks his second journey to the nation since attending the primary India-Nordic summit in 2018.



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