Prime Minister Narendra Modi today landed in the national capital, returning from a five-nation tour during which he signed pacts on energy, defence and critical minerals.
Modi’s tour covered the UAE, the Netherlands, Sweden, Norway and Italy. It has helped India secure an estimated investment pipeline of nearly $40 billion with global companies and partner nations announcing fresh commitments and expansion plans across key sectors, officials of the Ministry of External Affairs said at a briefing in Rome last night.
“It has been obviously a very successful visit to these five countries and a very impactful India-Nordic Summit,” said the MEA.
The Prime Minister –- during his business engagements in the five countries — met over 50 CEOs of large global companies operating in sectors including semiconductors, logistics, infrastructure and technology. A large number of these companies are already invested in India. They are present in India and their cumulative investment and business exposure to India stands at around $180 billion.
Several projects of these companies are in the pipeline, including in the areas of semiconductors, logistics, green infrastructure, technology and other verticals.
UAE made of fresh investments of $5 billion in the Indian market. MEA officials said the participating companies collectively represent a market valuation of approximately $2.7–3 trillion, underlining the scale of international business engagement during the tour.
India and the Netherlands unveiled a strategic partnership roadmap focusing on trade, defence, semiconductors, artificial intelligence and green hydrogen.
India and Sweden agreed to elevate bilateral ties to a strategic partnership. The Prime Minister also attended the third India-Nordic Summit in Norway and held bilateral meetings with Nordic leaders.
India and Italy further elevated ties to a Special Strategic Partnership following discussions between PM Modi and Italian Prime Minister Giorgia Meloni.
“Concluding a very productive visit to Italy. My discussions with Prime Minister Giorgia Meloni covered a wide range of sectors,” Modi said in a post on X, adding that the enhanced partnership would provide fresh momentum to bilateral cooperation.
External Affairs Ministry spokesperson Randhir Jaiswal described the Italy visit as the successful conclusion of Modi’s five-country diplomatic tour, highlighting significant outcomes and renewed momentum in India’s engagement with Italy and other partner nations.
