Modi in Netherlands: One firm holds the key to India’s chip ambition
Prime Minister Narendra Modi has arrived in the Netherlands as part of a high-profile European tour focused heavily on clean technologies, renewable energy and advanced manufacturing. While the diplomatic agenda covers a wide range of bilateral interests, the absolute center of gravity for this visit is India’s semiconductor project. One single company headquartered in the quiet Dutch town of Veldhoven holds the key to India’s chip-making ambitions. ASML, the undisputed global titan of semiconductor lithography equipment, sells machines used to manufacture the majority of chips all over the world.
