At a recent business summit in Brussels, Frank Heemskerk, a senior executive at ASML, a Dutch semiconductor company, praised Prime Minister Narendra Modi for his inclusive and engaging approach with industry leaders. Heemskerk highlighted Modi’s willingness to seek feedback and criticism from executives, a quality that he found refreshing and rare.
Heemskerk humorously contrasted the ease of meeting with Modi to the challenges of engaging with European officials, suggesting that European leaders could benefit from adopting Modi’s proactive style of interaction with businesses investing in their regions.
During the summit, Heemskerk also discussed ASML’s recent substantial deal with French AI company Mistral, emphasizing that the partnership was driven by Mistral’s strong focus on industrial AI rather than geopolitical factors.
ASML’s commendation of Modi’s business style signifies a shift in how political leaders engage with the corporate world. By actively seeking input and fostering relationships with industry players, Modi sets a precedent for a more collaborative approach to governance.
Experts believe that this shift towards a more inclusive and open dialogue between government officials and businesses could lead to enhanced economic growth and innovation. By encouraging such interactions, leaders can gain valuable insights into the needs and challenges faced by industries, fostering a more conducive environment for investment and development.
Modi’s approach also highlights the importance of building strong partnerships between the public and private sectors. By working closely with companies and understanding their perspectives, governments can better tailor policies and initiatives to support economic growth and technological advancement.
The ASML executive’s endorsement of Modi’s business style serves as a call to action for European leaders to adopt a more hands-on and engaging approach with businesses. By fostering closer ties with industry stakeholders, governments can create a more business-friendly environment that encourages innovation and investment.
Overall, Modi’s business style not only garners praise from global industry players like ASML but also underscores the significance of effective collaboration between governments and businesses in driving economic progress and technological innovation.
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