# Prime Minister Modi's visit to the Netherlands highlights India's critical reliance on ASML, the sole provider of advanced lithography machines.

*semiconductor · news · 2026-05-16 · The Economic Times*

## Key points

- ASML will open a customer support office in Gujarat’s GIFT City for Indian semiconductor fabs.
- India’s Dholera chip fab will fully utilize ASML’s advanced lithography equipment for chip production.
- ASML faces shrinking Chinese revenue due to US-led export controls blocking equipment sales to China.
- India's subsidy program covers up to 75% of semiconductor project costs for foreign high-tech suppliers.
- Dutch firms are considering India as a key China-plus-one manufacturing and export base for semiconductors.

**Companies:** ASML, Tata Electronics, Taiwan's Powerchip Semiconductor Manufacturing Corporation
**Countries:** India, Netherlands, Taiwan

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/industry/cons-products/electronics/modi-in-netherlands-one-firm-holds-the-key-to-indias-chip-ambition/articleshow/131134047.cms)

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