Rutte, who visited Bengaluru with a business delegation after attending the G20 Summit in New Delhi, also said that they are in discussions with India to understand its fast payments system, the unified payments interface (UPI), better.
Dutch Prime Minister Mark Rutte said that the Netherlands is in talks with the Indian and Karnataka governments to expand the presence of Dutch companies in the semiconductor space.
Rutte, who visited Bengaluru with a business delegation after attending the G20 Summit in New Delhi, also said that they are in discussions with India to understand its fast payments system, the unified payments interface (UPI), better.
“This is clearly something we are discussing, not so much linking it, but to understand better what India is doing. There are many issues around privacy, around the banking system, what it means in terms of currency stability. So we have to work through all those issues. But this is clearly a development which we have to take seriously,” Rutte told reporters at a public event on Church Street.