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ASML Hails Modi's Access and Presses EU for Direct Industry Engagement

An executive highlighted a two-hour CEO meeting with India’s leader to underscore concerns about limited access to senior EU policymakers.

Overview

  • Speaking at POLITICO’s Competitive Europe summit in Brussels, ASML EVP Frank Heemskerk said it is often harder to meet an EU commissioner than a senior White House official.
  • Heemskerk cited a two-hour meeting between CEO Christophe Fouquet and Narendra Modi, quoting the prime minister asking for frank feedback on how India could improve.
  • He urged European leaders to sit down with companies committing capital, framing direct access as essential to strengthening the region’s competitiveness.
  • Heemskerk referenced ASML’s €1.3 billion partnership with French AI firm Mistral, describing it as focused on industrial AI rather than geopolitics.
  • The comments land as India advances its semiconductor agenda, including the India Semiconductor Mission and the recent presentation of pilot made-in-India chips to the prime minister.