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India has become the third-largest arms exporter to Europe, marking a significant achievement in its defense manufacturing sector.

China and Europe are focusing on joint innovation to enhance their economic ties amid global challenges.

The remarks by US Ambassador comes at a time when India itself is struggling to attract a substantial investments and country's net foreign direct investment (FDI) has declined drastically in recent years.

A severe heatwave has gripped Europe, with Poland recording a record 40.5°C temperature. The WHO has warned that extreme heat is becoming a major health threat, with more than 1,300 excess deaths already linked to high temperatures.

Prime Minister Modi also underlined the importance of talent mobility, education and skill partnerships between India and Europe.