# Prime Minister Narendra Modi is in the Netherlands, during the second leg of his 5-nation tour.

*semiconductor · news · 2026-05-16 · Times Now*

## Key points

- Tata Electronics and ASML signed an MoU to collaborate on India’s first semiconductor fab.
- ASML will provide Tata with advanced lithography products, technology, and expertise for the fabrication facility.
- The MoU was signed in the presence of Prime Ministers Narendra Modi and Rob Jetten in The Hague.
- ASML's CEO confirmed semiconductors are now a clear strategic priority for India’s industrial policy.
- Indian government reforms and incentives are specifically targeting sectors like semiconductors for foreign investment.

**Companies:** ASML, Tata Electronics, Tata Group
**Countries:** India, Netherlands

[Read the full story on Times Now](https://www.timesnownews.com/business-economy/asmltata-agreement-boosts-indias-semiconductor-program-during-pm-modis-netherlands-visit-article-154334509)

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