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India's Subsidy Drive Attracts Dutch Chipmakers in Eindhoven
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India woos Dutch chipmakers in Eindhoven with massive subsidies
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CNBC TV18
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04-03-2026, 23:19
India woos Dutch chipmakers in Eindhoven with massive subsidies
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Indian delegation visited Eindhoven to attract Dutch semiconductor firms for investment in India's growing chip industry.
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India offers significant subsidies (up to 50% central, 20-25% state) to establish semiconductor fabrication plants and related manufacturing.
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Dutch firms, including ASML and NXP Semiconductors, are exploring India for "China-plus-one" manufacturing amid US-China tech rivalry.
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India's large engineering workforce and existing Indian tech talent in the Netherlands are key attractions for potential investors.
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A strategic partnership between India and the Netherlands is expected during PM Narendra Modi's planned visit later this year.
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