India-Jordan Business Forum Highlights Opportunities
Prime Minister Narendra Modi and King Abdullah II of Jordan addressed the India-Jordan Business Forum in Amman, urging stronger business collaboration and enhanced economic cooperation.
The forum saw participation from Jordan’s Crown Prince Hussein, Minister of Trade and Industry, Minister of Investment, and business leaders from both countries.
Bilateral Trade and Economic Corridor Vision
Both leaders emphasized the need to transform potential into real economic growth and shared prosperity. King Abdullah II highlighted that Jordan’s Free Trade Agreements, combined with India’s growing economic strength, could create a strategic economic corridor connecting South Asia, West Asia, and beyond.
PM Modi proposed doubling bilateral trade to USD 5 billion within five years, noting that India and Jordan share a strong partnership rooted in cultural and civilizational ties.
Investment and Startup Collaboration
The Prime Minister invited Jordanian companies to invest in India, leveraging its large consumer market, growing manufacturing base, and transparent policy framework. He also encouraged startups from both nations to collaborate in sectors like digital infrastructure, IT, fintech, health-tech, and agri-tech.
PM Modi further highlighted India’s pharmaceuticals and medical device expertise, paired with Jordan’s strategic location, to make Jordan a hub for West Asia and Africa.
Sectoral Cooperation Opportunities
The forum identified potential collaboration in:
-
Agriculture, cold chains, food parks, and fertilizers
-
Infrastructure, automobiles, and green mobility
-
Renewable energy, desalination, and water recycling
-
Heritage and cultural tourism
Both countries aim to promote sustainable growth, green financing, and technology-driven partnerships.
Business Leaders and Trade Associations Participate
Representatives from FICCI and the Jordan Chamber of Commerce, already linked through an existing MoU, participated. Business leaders from sectors including infrastructure, healthcare, pharmaceuticals, agriculture, logistics, defence, textiles, and manufacturing also attended the forum, exploring investment and trade opportunities.
