PM Narendra Modi’s Five-Nation Tour Brings Nearly US$40 Billion Investment Commitments

Overview

Narendra Modi visited the United Arab Emirates, Netherlands, Sweden, Norway, and Italy from 15 May to 20 May 2026. The six-day diplomatic tour resulted in investment commitments worth nearly US$40 billion for India. The agreements covered sectors such as energy, semiconductors, defence, shipping, artificial intelligence, manufacturing, and green hydrogen.

Prime Minister Narendra Modi’s Five-Nation Tour

Prime Minister Narendra Modi completed an important diplomatic visit across Europe and West Asia.

The visit included:

• Bilateral meetings
• Summit-level discussions
• Business engagements
• Strategic cooperation talks

The tour focused on strengthening India’s economic and strategic partnerships with major global partners.

Major Investment Commitments for India

The diplomatic tour brought investment commitments of nearly US$40 billion for India.

More than 50 multinational companies met Prime Minister Modi during the visit.

These companies had a combined market valuation between US$2.7 trillion and US$3 trillion.

Main Investment Areas

• Strategic petroleum reserves
• Defence manufacturing
• Shipping and maritime infrastructure
• Semiconductors
• Green hydrogen
• Artificial intelligence
• Clean energy
• Technology partnerships

The agreements highlighted India’s growing importance in the global economy.

India-United Arab Emirates Relations

United Arab Emirates pledged fresh investments of nearly US$5 billion in India.

Focus Areas

• Strategic petroleum reserves
• Long-term LPG supply
• Defence cooperation
• Shipping infrastructure

India and the UAE continue to maintain strong cooperation in:

• Energy
• Trade
• Infrastructure
• Investment

The UAE remains one of India’s important economic and strategic partners.

India-Netherlands Strategic Partnership

India and the Netherlands upgraded their ties to a strategic partnership.

The two countries signed 17 agreements during the visit.

Areas Covered

• Trade and investment
• Semiconductors
• Artificial intelligence
• Quantum computing