Speaking on collaboration in cutting-edge technology, Modi announced the setting up of a joint science and technology fund of four million euros.
Modi in second-leg of his visit will later on Saturday depart for the United States of America.
The highlight of Modi's four-day three-nation visit will be the U.S. leg as Modi will be meeting President Donald Trump for the first time on June 26 in Washington.
US President Donald Trump on Sunday described Narendra Modi as "a true friend" and said he was looking forward to discuss important strategic issues with the Indian Prime Minister.
Referring to his telephonic conversations with the US President, Modi said these have touched upon the common intent to take forward productive all-round engagements for the mutual benefit of our people.
Though, this will be PM Modi's 4th visit to the United States but as always, he will also meet the top American CEOs and interact with the Indian Diaspora.More news: Ivanka Trump ordered to testify in lawsuit over shoe design
Apart from official meetings with President Trump and his cabinet colleagues, PM Modi will be meeting some prominent American CEOs. He added that the U.S. also has a Defence partnership with Pakistan and the two countries cooperate on security, Defence and counter-terrorism issues. Portugal has emerged as one of the most vibrant ecosystems for entrepreneurship...
The letter signed by Senate Finance Chairman Orrin Hatch, panel ranking member Ron Wyden, Ways and Means Chairman Kevin Brady and top Democrat Richard Neal asked Trump to push Modi to tackle inconsistent and transparent licensing and regulatory practices, as well as address inadequate protection of intellectual property rights.
He said the Dutch expertise in areas like water and waste management, agriculture, food processing, renewable energy, and ports and shipping, matches with India's development needs.
Costa had tweeted prior to Modi's visit that this was an excellent opportunity to review the implementation of the accords agreed during his India visit in January, and sign new agreements.
However, in a freaky twist of event, the Indian prime minister "refused" to alight his vehicle for a prolonged duration until two cameramen, understandably travelling with him, had arrived and taken their positions.
Modi said there were strong people-to-people relations between India and the Netherlands due to the presence of second largest Indian diaspora in Europe in the Netherlands.