Dutch, Singapore companies to invest $7 billion in India – World

AHMEDABAD: Dutch and Singaporean companies are expected to commit $7.19 billion in investments in India during an investor summit in Prime Minister Narendra Modi's home state of Gujarat, months before national elections.

Modi will address thousands of investors on Wednesday at the start of the three-day Vibrant Gujarat Global Summit, which will bring together business leaders, CEOs and diplomats from 133 countries.

The summit is one of Modi's last major investment summits before the election, in which he will fight for a third term and is expected to win.

Posters of Modi were plastered across Ahmedabad, Gujarat's largest city, along with posters of UAE President Sheikh Mohammed bin Zayed al-Nahyan, who arrived in the country for a pre-event visit.

Singapore's High Commissioner to India posted on social media X that the country's delegation will announce 270 billion rupees ($3.25 billion) in investment at the summit.

On Monday, Amlan Bora, chief Indian representative of the Dutch Business Support Office, told news agency ANI that a Dutch delegation, including Dutch companies, would propose a total investment of 3.6 billion euros ($3.94 billion) in Gujarat and other Indian states to the top.

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