Prime Minister Narendra Modi has set an ambitious new target for economic relations between India and Jordan, proposing to double bilateral trade to USD 5 billion within the next five years. The announcement, made on 16 December 2025, underscores a renewed push to deepen strategic and commercial ties between the two nations.
New Horizons for Bilateral Trade and Investment
During high-level discussions, PM Modi identified several high-growth sectors ripe for enhanced partnership. He specifically pointed to significant opportunities for business collaboration in cutting-edge fields. These areas include digital public infrastructure, information technology (IT), financial technology (fintech), health technology (health-tech), and agricultural technology (agri-tech).
The focus on digital public infrastructure is particularly noteworthy, as India seeks to export its successful models like Aadhaar and UPI. This move could help Jordan leapfrog in its own digital transformation journey while opening new markets for Indian tech firms.
A Call to Startups and Tech Innovators
Central to the Prime Minister's vision is the role of innovation and entrepreneurship. Modi extended a direct invitation to startups from both India and Jordan to join hands and explore collaborative ventures in the identified tech domains.
This call to action aims to foster a dynamic ecosystem where young companies can co-create solutions, share knowledge, and access each other's markets. It positions the bilateral relationship not just as government-to-government, but as a vibrant people-to-people and business-to-business partnership.
The Road to a $5 Billion Partnership
Doubling trade to the $5 billion mark will require concerted efforts from both governments and the private sector. The proposed collaboration in fintech could streamline cross-border payments and financial inclusion, while agri-tech partnerships may focus on water conservation and food security—critical areas for Jordan.
The emphasis on health-tech also gains relevance in the post-pandemic world, with potential for collaboration in telemedicine, affordable medical devices, and pharmaceutical research. This multi-sectoral approach is designed to build a resilient and diversified economic relationship that goes beyond traditional commodity trade.
This strategic push by PM Modi marks a significant step in reinvigorating India's 'Look West' policy in the Middle East, with Jordan serving as a key partner for stability and growth in the region.