Jordan seeks to attract Indian investors in IT, AI, pharmaceuticals, and green energy, building on USD 3 billion trade ties and deep-rooted diplomatic relations dating back decades….reports Asian Lite News
Jordan is stepping up efforts to court Indian investors across high-growth sectors such as information technology, artificial intelligence, pharmaceuticals, renewable energy, and green energy, in a bid to deepen economic cooperation and diversify trade ties with New Delhi.
Speaking to ANI, Jordan’s Ambassador to India, Youssef Abdelghani, underlined the strong foundations of the bilateral relationship and the scope for scaling up cooperation in strategic industries. He described Jordan as a promising destination for Indian businesses and emphasised that both countries are aligned in their commitment to strengthening ties.
“We have historical relations between Jordan and India built on mutual respect and shared values. Our relations stem from the willingness of both leaderships of the two countries to strengthen and fortify these relations,” Abdelghani said.
The ambassador highlighted the growing scale of economic engagement between the two sides, noting that bilateral trade currently exceeds USD 3 billion annually, supported by more than USD 3 billion in existing Indian investments in Jordan. “We have very strong, solid relations in terms of economy and trade,” he said.
Jordan, with its strategic location at the crossroads of Asia, Africa, and Europe, is pitching itself as a gateway for Indian companies seeking expansion in West Asia and beyond. Abdelghani said that Amman is particularly eager to attract investments in innovation-driven sectors. “We are looking to attract Indian investors in the fields of IT, AI, the pharmaceutical industry, renewable energy, and green energy. We can have joint ventures in this field,” he remarked.
The ambassador described the bilateral trade relationship as “promising” and expressed optimism that the two sides would expand both the volume and scope of cooperation.
According to India’s Ministry of External Affairs (MEA), trade and investment cooperation between New Delhi and Amman has steadily broadened, with India emerging as Jordan’s fourth-largest trading partner in 2023–24. The bilateral trade volume stood at USD 2.8 billion in that fiscal year, underlining India’s importance to Jordan’s economic landscape.
India and Jordan’s partnership has deep roots. The first bilateral agreement for cooperation and friendly relations was signed in 1947, even before India attained independence. These were formalised in 1950, when the two countries established full-fledged diplomatic ties. Over the decades, the relationship has matured into a wide-ranging partnership covering political, economic, and cultural spheres.
Earlier this year, in April, the Foreign Office Consultation (FoC) between India and Jordan was held in Amman, reinforcing the growing momentum in bilateral ties. The talks were chaired by Arun Kumar Chatterjee, Secretary (Consular, Passport & Visa; Overseas Indian Affairs), and Majed T. Qatarneh, Secretary-General of Jordan’s Ministry of Foreign Affairs and Expatriates.
The consultations, which took place in a cordial atmosphere, reviewed the full spectrum of bilateral relations and exchanged perspectives on regional and global issues of mutual interest. Both sides agreed to deepen cooperation across political-security, economic, developmental, and people-to-people sectors. The discussions placed special emphasis on diversifying trade, promoting mutual investments, and harnessing opportunities in emerging industries.
During his visit, Chatterjee also met members of the Indian community in Jordan, representatives of Jordanian business circles, cultural and academic figures, and pro-India organisations. A highlight of his trip was the visit to the India-Jordan Centre for Excellence in IT at Al-Hussein Technical University in Amman. Established with India’s support, the centre is a premier institution fostering skill development and innovation in information technology, underscoring the knowledge-driven aspect of the bilateral partnership.
The growing cooperation reflects the shared strategic outlook of both nations. India, with its fast-growing economy and global footprint in technology and pharmaceuticals, complements Jordan’s ambitions to strengthen its own knowledge economy and green energy capabilities. Conversely, Jordan’s geographic position, political stability, and role as a hub in West Asia provide Indian companies with opportunities to expand their regional presence.
As Jordan pitches itself as a partner for Indian investments, the relationship is set to move beyond traditional trade to high-value collaborations in technology, healthcare, and sustainable energy. Both nations appear ready to unlock the potential of their partnership and explore fresh avenues of cooperation that align with the global shift towards innovation and green development.
