Published on
18/05/2026 - 9:00 GMT+2
Months after a historic EU Free Trade Agreement, this tour executes that "mother of all deals" by balancing Brussels with individual capitals.
Over the weekend, Modi met with Dutch Prime Minister Rob Jetten. The Netherlands is a key trading partner for India, with bilateral trade worth nearly €26bn ($28bn). The immediate prize is a €10.2bn ($11bn) semiconductor deal between Tata Electronics and Dutch firm ASML to build a microchip plant in western India.
It is a textbook example of Europe's "China plus one" strategy, as Western companies rush to diversify supply chains away from Beijing.
