WHY MODI's WORLD TOUR WAS BENEFICIAL

Foreign trips are not just trips. They are significantly more than that. To understand, I'll explain a bit about diplomacy::


Narendra Modi is just building the positive image of India. Although a huge amount (~ 41 Crore) has been spent on his foreign visits. But this is all for the branding of India, for Make In India promotion.

                                Let me explain you why it was good for India:

    1.JAPAN TO INVEST $35 BILLION:

                                     

  
 The Japanese prime minister has committed $35 billion in public and private investment and financing for the next five years. The total Japanese investment in India so far is about $12 billion (as compared to nearly $300 billion in China). Specifically, in the current slogan of 'make in India', Japan's electronics, foundries, industrial townships, projects in health, clean energy, etc would be invited in the short term. Third country markets would also be explored.

2.INDIA-AUSTRALIA SIGNED A NEW SECURITY PACT:

                                                    

                                 India and Australia have decided to expand their defence and                                          security partnership. 

                     Following wide-ranging dialogue between PM Modi and his Australian counterpart Malcolm Turnbull who is on his maiden trip to India as the PM, the two sides on Monday signed key counter-terror agreement to fight common challenges. 

                   They also held talks on Canberra supplying uranium to Indian nuclear power plants. It's hoped that Canberra would start the supply beginning this year. 

                     The two sides signed five other pacts, including one on space cooperation. 

3.CANADA TO SUPPLY $350 MILLION WORTH URANIUM:

                                                 

  Prime Minister Justin Pierre James Trudeau  and Indian Prime Minister Narendra Modi unveiled a $350-million deal for Canada’s largest uranium producer, Cameco Corp., to supply 3,220 metric tonnes to power India’s reactors over the next five years.

Canada banned exports of uranium and nuclear hardware to India in the 1970s after New Delhi used Canadian technology to develop a nuclear bomb.

4.US TO INVEST $41 BILLION IN FEW YEARS:

                       

                                      

   USIBC told Modi during the visit that it had identified upwards of $41 billion for investment by its members in India within the next 3 years. Ficci has welcomed the development saying this was very encouraging given Modi's emphasis on making India a manufacturing hub. 

                    5.UAE INVESTMENT:

                            

 UAE Foreign Minister,Sheikh Abdullah bin Zayed Al Nahyan conveyed the UAE's commitment to expeditiously implement the substantive outcomes emerging from the Prime Minister's visit in a broad range of areas, including trade and investment, defence, security, energy, space, renewable energy, science and technology, tourism and people-to-people contacts 

      6.FRANCE TO INVEST $10 BILLION :

                                           

     French companies are likely to invest almost $10 billion in India in the next five years and a major portion of this will be in the industrial sector making France an important player in the Indian government’s Make in India initiative to boost the manufacturing sector.