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WATCH | PM Modi lands in Netherlands to boost India-Europe strategic ties; key talks on trade, technology and energy - WION

Time:2010-12-5 17:23:32  Author:Entertainment   Source:Focus  Views:  Comments:0
Summary:WATCH | PM Modi lands in Netherlands to boost India-Europe strategic ties; key talks on trade, techn

WATCH | PM Modi lands in Netherlands to boost India-Europe strategic ties; key talks on trade, technology and energy - WION

**Introduction**
Indian Prime Minister Narendra Modi touched down in Amsterdam on Monday, marking the first bilateral visit to the Netherlands in five years. The trip underscores New Delhi’s push to deepen cooperation with Europe amid shifting global supply chains and rising geopolitical tensions. Modi’s agenda centers on revitalizing trade, accelerating technology partnerships, and securing clean‑energy collaborations that could reshape India‑Europe economic linkages for the next decade.

**Key Developments**
During his two‑day stay, Modi held a summit with Dutch Prime Minister Mark Rutte, followed by roundtable discussions with CEOs from Philips, ASML, and Shell. Both sides announced a memorandum of understanding to double bilateral trade—currently valued at around €13 billion—to €26 billion by 2030. A joint task force will explore co‑investment in semiconductor manufacturing, green hydrogen projects, and digital infrastructure. The Netherlands also pledged to facilitate Indian start‑ups’ access to its European innovation hubs, while India committed to easing visa norms for Dutch researchers and engineers.

**Industry Analysis**
Analysts note that the Netherlands’ strengths in high‑tech logistics, agro‑technology, and renewable energy complement India’s manufacturing scale and talent pool. The semiconductor focus is particularly timely, as the EU seeks to reduce reliance on Asian foundries and India aims to expand its domestic chip fab capacity under the Production Linked Incentive scheme. Energy experts highlight that Dutch expertise in offshore wind and hydrogen could help India meet its 2030 renewable targets
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