India has secured an investment pipeline worth nearly $40 billion following Prime Minister Narendra Modi’s recent 5-nation tour, with several multinational companies announcing expansion and investment plans across major sectors.
During the visit, PM Modi met chief executives and senior representatives from more than 50 global companies involved in semiconductors, logistics, infrastructure, defence, energy and technology. Officials said the combined market valuation of these companies is estimated between $2.7 trillion and $3 trillion.
According to officials, many of these firms already operate in India, with their total investments and business exposure in the country estimated at nearly $180 billion. Several companies are now planning further expansion to benefit from India’s economic growth and increasing domestic demand.
The 5-country tour covered the UAE, the Netherlands, Sweden, Norway and Italy. India signed multiple agreements and upgraded strategic ties with several nations during the visit.
In the UAE, India signed 7 agreements covering defence cooperation, energy partnerships and a proposed maritime infrastructure project at Vadinar in Gujarat. Officials said the UAE committed fresh investments worth nearly $5 billion across Indian infrastructure and financial sectors.
India and the Netherlands elevated bilateral relations to a strategic partnership and introduced a roadmap focused on trade, semiconductors, artificial intelligence, quantum computing, green hydrogen and maritime security. The visit also resulted in 17 agreements covering critical minerals, renewable energy and defence manufacturing.
India and Sweden also upgraded relations to a strategic partnership with a joint action plan for 2026-2030 focused on green transition, emerging technologies, defence, trade and climate action.
A major outcome came during PM Modi’s Italy visit, where India and Italy elevated ties to a “Special Strategic Partnership” after discussions with 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,” PM Modi said in a post on X.
The 2 countries also signed agreements in defence manufacturing, critical minerals, healthcare, higher education, maritime cooperation, climate research and Ayurveda, along with a Defence Industrial Roadmap.
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