By Admin 
During the second leg of Prime Minister Narendra Modi’s five-nation visit, India on Saturday (May 16, 2026) signed a Memorandum of Understanding (MoU) with the Netherlands to improve the semiconductor manufacturing ecosystem in the country. This agreement has been signed between Tata Group of India and ASML of Netherlands. Regarding this agreement, PM Modi said that cooperation is being further strengthened for future technical areas.
PM Modi spoke on the agreement between Tata Group and ASML
PM Modi shared a post in this regard on social media platform X. He said that Prime Minister Rob Jetten and I witnessed the signing of the agreement between Tata Group and ASML to advance the semiconductor manufacturing ecosystem in India. ASML will support the establishment and expansion of Tata Electronics’ upcoming semiconductor factory to be established in Dholera, Gujarat.
Strengthening cooperation in futuristic sectors!
Prime Minister Rob Jetten and I witnessed the signing of the MoU between Tata and ASML for advancing the semiconductor manufacturing ecosystem in India.
ASML will support the setting up and scaling of Tata Electronics’ upcoming… pic.twitter.com/sQD6bdCfgp— Narendra Modi (@narendramodi) May 16, 2026
He said, ‘India’s progress in the field of semiconductor is bringing big opportunities for the youth of our country. This is an area in which we will continue to add more momentum and strength in the times to come.
India-Netherlands partnership is giving new inspiration to relations: PM Modi
Addressing the CEO Round Table Meeting on economic relations held in The Hague, Netherlands, Prime Minister Narendra Modi said, ‘The strengthening strategic partnership between India and the Netherlands is giving new impetus to our trade relations. Now the responsibility of moving forward rapidly in this direction is in your (Netherlands) hands. I have full confidence that now you will increase your scope, investment and ambition in India and the innovation ecosystem of entire Europe will also come to India with you.
#WATCH | The Hague, Netherlands | At the CEO Round Table on Economic Ties, PM Narendra Modi says, “The strengthening strategic partnership between India and the Netherlands is giving new impetus to our business relationship. It is now in your hands to move rapidly in this… pic.twitter.com/qautFg1vo1
— ANI (@ANI) May 16, 2026
He said, ‘There is a saying in the Netherlands that ships are safe in port, but ships are not built to stay in port. Who can understand this better than the Dutch business community. Your country has been moving forward in search of new opportunities for centuries. I assure you that your search in India will be successful and fruitful. Now you have to move forward with courage in India.
Our discussion is the next step towards improving relations: Jeten
While addressing the CEO round table meeting, Dutch Prime Minister Rob Jetten said, ‘There is a long-term commitment between India and the Netherlands, under which both the countries will work together on common defense against cyber threats and terrorism along with a strong maritime industry, making the supply chain for energy and raw materials more flexible and secure. Together we will ensure clear benefits for our business, our people and future generations.
#WATCH | The Hague, Netherlands | At the CEO Round Table on Economic Ties, Dutch PM Rob Jetten says, “…Together we’ll deliver clear benefits for our businesses, for people, and for future generations… The constructive discussions we’ve had this afternoon are a logical next… pic.twitter.com/d9aOkORwpI
— ANI (@ANI) May 16, 2026
He said, ‘The constructive discussions we had this afternoon are a natural next step in taking forward the good relations that have developed over the years between our countries. Therefore, Prime Minister Modi, I thank you for coming here. Thank you very much for your inspiring thoughts and this meaningful discussion.
Also read: After 100 years, Netherlands returned the priceless heritage of 11th century to India, PM Modi expressed happiness.