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Originally published by Capital Business
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business
October 5, 2025
2mo ago

ASML backs India outreach, says EU harder to access than White House

ASML backs India outreach, says EU harder to access than White House

Oct 5 - Dutch semiconductor giant ASML has praised Prime Minister Narendra Modi for a candid, business-friendly engagement style following a two-hour Kenya breaking news | Kenya news today |..

✨ Key Highlights

ASML executive Frank Heemskerk praised Indian Prime Minister Narendra Modi's business-friendly approach, stating it's easier to meet with senior officials in the White House than EU commissioners. This comes as India aggressively pushes its semiconductor industry.

  • ASML praised Indian Prime Minister Narendra Modi's accessible and business-friendly engagement style after a two-hour meeting with CEO Christophe Fouquet.
  • Heemskerk highlighted the difficulty in accessing EU leadership compared to other capitals, noting it's "easier to get a meeting in the White House with a senior official than to get a meeting with a commissioner."
  • India launched the India Semiconductor Mission in 2021 with a ₹76,000 crore outlay; a "Made in India" chip is expected by year-end.

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Part of the Day's Coverage

Qualcomm Faces £480m Lawsuit as China and India Advance in Chip Market - October 2025

A consumer group's case against chip giant Qualcomm could lead to a share of a £480 million payout for nearly 30 million UK consumers who bought Apple or Samsung smartphones between 2015 and 2024. Meanwhile, China is rapidly challenging Nvidia's dominance in AI chips, with major tech firms and government backing pushing for self-reliance. As India also pushes its semiconductor industry, ASML executive Frank Heemskerk praised Prime Minister Narendra Modi's business-friendly approach. Heemskerk stated it's easier to meet with senior officials in the White House than with EU commissioners.

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