Foreign visits beget foreign investments

Prime Minister Narendra Modi’s extensive foreign visits have drawn $214 billion in new investment commitments into India. Gateway House has meticulously tracked these financial commitments, which have come from three sources: foreign government investments, private foreign investments and multilateral investments.

The largest investments have come from West Asia, with the UAE government committing the maximum ($75 billion) for India’s infrastructure build-out, and Qatari private players pledging $15.6 billion for urban development. Most of these two types of investments are concentrated in Gujarat and Maharashtra, India’s most developed states. Among multilaterals, the International Finance Corporation has committed nearly $20 billion across a range of sectors from tourism to agriculture and energy. These investments are spread across India (as seen by the green markers on the map).

Laurent Glattli is a former research intern at Gateway House and currently is project assistant at the European Council on Foreign Relations.

Sameer Patil is Fellow, National Security, Ethnic Conflict and Terrorism, at Gateway House.

Venugopal Ravindran is Senior Researcher, at Gateway House.

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