PM Modi Proposes $5 Billion India–Jordan Trade Target

India Invites Jordanian Firms to Partner in Growth Story

Prime Minister Narendra Modi has proposed doubling India–Jordan bilateral trade to USD 5 billion over the next five years , signalling a renewed push to deepen economic engagement between the two countries. Addressing the India–Jordan Business Forum in Amman , Modi invited Jordanian companies to tap into India’s fast-growing economy, large consumer market and stable policy ecosystem to build long-term commercial partnerships.

High-Level Engagement at the Business Forum
The forum was jointly addressed by Prime Minister Modi and King Abdullah II , with the presence of Crown Prince Hussein and senior Jordanian ministers handling trade, industry and investment portfolios. Both leaders stressed that the next phase of bilateral relations must be driven by stronger business-to-business linkages . They encouraged industry leaders to convert existing goodwill and potential into concrete trade and investment outcomes.

Trade Ambitions and Economic Complementarities
Prime Minister Modi highlighted India’s status as the fastest-growing major economy and its path towards becoming the world’s third-largest economy . He noted that productivity-led governance reforms, digital transformation and innovation-driven policies have created significant opportunities for global partners. King Abdullah II emphasised that Jordan’s extensive free trade agreements , combined with India’s economic scale, could help build a trade corridor connecting South Asia, West Asia and Africa .

Sectoral Opportunities for Cooperation
Several priority sectors were identified for collaboration, including digital public infrastructure, IT, fintech, health-tech and agri-tech . Modi encouraged start-ups from both countries to collaborate, highlighting India’s strengths in pharmaceuticals and medical devices and Jordan’s strategic location. Additional opportunities were outlined in agriculture, fertilisers, cold chains, infrastructure, automobiles, green mobility, renewable energy, desalination, water recycling , and heritage tourism .

Strategic Context and Long-Term Vision
The Prime Minister underlined that India–Jordan ties are rooted in deep civilisational links and mutual trust , extending beyond trade figures. The forum witnessed participation from business leaders across infrastructure, health, renewables, logistics, defence and manufacturing, reflecting broad-based interest in expanding bilateral economic cooperation.

Exam-Focused Points

• India proposed a USD 5 billion trade target with Jordan in five years.

• The proposal was announced at the India–Jordan Business Forum, Amman .

• India is among the fastest-growing major economies globally.

• Key focus sectors include digital infrastructure, pharma, renewables and agri-tech .