“With several Dutch startups looking towards India and vice versa, startups are one of the many vital areas of cooperation between our two countries,” said Dutch Prime Minister Mark Rutte, in a statement. Dutch Minister for foreign trade and development cooperation Sigrid Kaag said this new pilot creates a dynamic marketplace for everything start-ups require to grow. The value of this trade visit to India is worth about €170 million, said the Netherlands government. The Startup India Hub under Invest India and Netherlands Enterprise Agency under the Ministry of Economic Affairs and Climate Change would act as a single point of contact. “For Dutch startups, India provides a great opportunity for market expansion,” said Suresh Prabhu, Commerce and Industries Minister in a statement.

Source: The Hindu May 25, 2018 15:56 UTC