Strengthening Ties: PM’s Insights on the India-Jordan Enterprise Meet

Namaskar,

Associates,

Many international locations the world over share borders, and lots of additionally share markets. Nevertheless, the connection between India and Jordan is one the place historic belief and future financial alternatives converge.

This was additionally the essence of my dialogue with His Majesty yesterday. We held detailed deliberations on how one can rework geography into alternative, and alternative into development.

Your Majesty,

Below your management, Jordan has emerged as a bridge that’s vastly facilitating cooperation and alignment between totally different areas. Throughout our assembly yesterday, you defined how Indian firms can entry the markets of the USA, Canada, and different international locations by means of Jordan. I might urge the Indian firms current right here to totally leverage these alternatives.

Associates,

At the moment, India is Jordan’s third-largest buying and selling accomplice. I’m conscious that numbers carry significance on the earth of enterprise. Nevertheless, we aren’t right here merely to depend figures, we’re right here to construct a long-term relationship.

There was a time when commerce from Gujarat reached Europe by way of Petra. To make sure our future prosperity, we should revive these hyperlinks as soon as once more and every considered one of you’ll play a significant position in making this imaginative and prescient a actuality.

Associates,

As you might be all conscious, India is quickly progressing towards changing into the world’s third-largest economic system. India’s development fee is over eight p.c. This development is the results of productivity-driven governance and innovation-driven insurance policies.

At the moment, new avenues of alternative are opening up in India for each enterprise and each investor from Jordan. You possibly can turn into companions in India’s fast development and safe robust returns in your investments.

Associates,

At the moment, the world wants new engines of development. It wants trusted and resilient provide chains. Collectively, India and Jordan can play a big position in assembly the wants of the worldwide economic system.

I wish to spotlight just a few key sectors for mutual cooperation with you, sectors the place imaginative and prescient, viability, and velocity are all current.

First, Digital Public Infrastructure and IT. India’s expertise on this area will be of serious worth to Jordan as nicely. India has reworked digital know-how right into a mannequin for inclusion and effectivity. Frameworks equivalent to UPI, Aadhaar, and Digi Locker have right now turn into world benchmarks. His Majesty and I mentioned the opportunity of aligning these frameworks with Jordan’s programs. Collectively, our two international locations can immediately join startups throughout sectors equivalent to fintech, health-tech, and agri-tech. We will construct a shared ecosystem, one which hyperlinks concepts with capital, and innovation with scale.

Associates,

There are additionally important alternatives within the pharma and medical units sectors. At the moment, healthcare shouldn’t be merely a sector, it’s a strategic precedence.

If Indian firms manufacture medicines and medical units in Jordan, it’s going to profit the folks of Jordan, whereas additionally enabling the nation to emerge as a dependable hub for West Asia and Africa. Whether or not it’s generics, vaccines, Ayurveda, or wellness, India brings belief, and Jordan brings attain.

Associates,

The subsequent sector is agriculture. India has intensive expertise in farming below dry weather conditions, and this expertise could make an actual distinction in Jordan. We will collaborate on options equivalent to precision farming and micro-irrigation. We will additionally work collectively to develop chilly chains, meals parks, and storage amenities. Simply as we’re enterprise joint ventures in fertilizers, we are able to transfer ahead collectively in different areas as nicely.

Associates,

Infrastructure and building are important for fast development. Collaboration in these areas will present us with each pace and scale.

His Majesty has shared his imaginative and prescient for growing railways and next-generation infrastructure in Jordan. I wish to guarantee him that our firms are each able to, and desperate to, accomplice in turning this imaginative and prescient into actuality.

Throughout our assembly yesterday, His Majesty additionally highlighted the infrastructure reconstruction wants in Syria. Indian and Jordanian firms can collaborate to handle these necessities collectively.

Associates,

The world right now can not progress with out inexperienced development. Clear power is not simply an choice; it has turn into a necessity. India is already enjoying a big position as an investor in photo voltaic, wind, inexperienced hydrogen, and power storage. Jordan additionally possesses immense potential on this area, which we are able to work collectively to unlock.

Equally, the auto and mobility sector holds nice potential. At the moment, India ranks among the many world’s prime international locations in inexpensive EVs, two-wheelers, and CNG mobility options. On this sector as nicely, we must always collaborate extensively.

Associates,

Each India and Jordan take nice satisfaction of their tradition and heritage. There may be important scope for heritage and cultural tourism between our international locations. I consider that traders from each nations ought to actively discover alternatives on this area.

In India, numerous movies are produced yearly. Alternatives will be created for capturing these movies in Jordan, and for holding joint movie festivals, with the mandatory encouragement to assist them. We additionally sit up for a big delegation from Jordan on the upcoming WAVES Summit in India.

Associates,

Geography is Jordan’s power. India possesses each talent and scale. When these strengths come collectively, they may create new alternatives for the youth of each international locations.

The imaginative and prescient of each our governments is completely clear. It’s now as much as all of you within the enterprise neighborhood to translate this imaginative and prescient into actuality by means of your creativeness, innovation, and entrepreneurship.

In conclusion, I wish to say as soon as once more:

Come…
Allow us to make investments collectively
Innovate Collectively
And Develop Collectively

Your Majesty,

As soon as once more, I wish to categorical my heartfelt gratitude to you, the Authorities of Jordan, and all of the distinguished dignitaries current at this occasion.

Shukran.

Thanks very a lot.