Prime Minister Narendra Modi returned to India on Thursday after concluding a five-nation tour spanning the UAE, the Netherlands, Sweden, Norway and Italy, securing investment commitments and business expansion plans estimated at nearly ₹3.5 lakh crore as New Delhi intensified its push for foreign capital, technology partnerships and resilient supply chains.
During the May 15–21 visit, Modi held meetings with chief executives of more than 50 global companies whose combined valuation is estimated between $2.7 trillion and $3 trillion. Many of the firms already have substantial operations in India, with cumulative investment exposure pegged at around $180 billion.
The discussions focused on expanding investments in semiconductors, logistics, digital infrastructure, renewable energy, defence manufacturing, artificial intelligence and advanced technologies amid shifting global trade alignments and geopolitical uncertainty.
UAE pledges ₹45,000 crore; focus on energy, logistics
Among the largest announcements during the tour was the UAE’s commitment to fresh investments worth around ₹45,000 crore across infrastructure, energy, ports and logistics sectors.
Officials said the visit underscored India’s strategy of positioning itself as a reliable manufacturing and supply-chain hub as multinational firms look to diversify operations beyond traditional production centres.
The Prime Minister also pushed for deeper cooperation in critical minerals, clean energy corridors, food processing and next-generation technologies during bilateral engagements across Europe and the Gulf region.
Also read: India, Italy set €20 bn trade target by 2029
India-Nordic Summit, Italy ties mark 'special' strategic push
A key highlight of the visit was Modi’s participation in the India-Nordic Summit in Norway, where leaders discussed green transition partnerships, clean technologies, Arctic cooperation and innovation-driven economic growth.
In Italy, Modi held extensive talks with Prime Minister Giorgia Meloni, following which the two countries elevated bilateral ties to a “Special Strategic Partnership”, with emphasis on defence industrial cooperation, mobility, maritime security and emerging technologies.
The Prime Minister also met Dutch leaders and business executives in the Netherlands to explore partnerships in semiconductors, water management and high-tech manufacturing.
During the Italy leg of the visit, Modi was conferred the Agricola Medal, the highest honour of the UN Food and Agriculture Organization, for contributions towards food security and sustainable agriculture.
The tour comes as India seeks to accelerate manufacturing growth, attract high-value foreign investments and deepen strategic economic partnerships under its broader infrastructure and industrial expansion agenda.
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