EconomyLens.com
No Result
View All Result
Saturday, September 5, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Business

India and Germany seek to boost defence industry ties

Thomas Barnes by Thomas Barnes
January 12, 2026
in Business
Reading Time: 7 mins read
A A
1
23
SHARES
288
VIEWS
Share on FacebookShare on Twitter

German Chancellor Friedrich Merz (L) and Indian Prime Minister Narendra Modi attended a kite flying festival ahead of their meeting. ©AFP

Ahmedabad (India) (AFP) – India and Germany are looking to boost defence industry cooperation, Prime Minister Narendra Modi said Monday after hosting Chancellor Friedrich Merz in his home state of Gujarat. Merz said Berlin also wants a closer security partnership with New Delhi, including deeper “cooperation between our defence industries” to cut India’s traditional dependence on Russia for military hardware.

Related

The disgraced banker stirring the pot in Brazil’s Supreme Court

Nigeria’s Dangote refinery looks to raise $1.6 bn in IPO

Portugal extends talks to privatise national carrier TAP

German AfD’s love for Simson mopeds dismays Jewish family behind brand

UK fintech Revolut gains conditional US banking licence

Merz began his two-day India visit — his first to Asia since taking office in May — two weeks ahead of an EU-India summit and as India and the European bloc are working on a free trade agreement. Both countries announced several agreements and joint declarations after the leaders’ meeting with an aim to boost their $50 billion trade. The announcements included strengthening defence industry cooperation and on semiconductors and critical minerals.

The two countries “are working together on secure, trusted, and resilient supply chains and our MoUs on these issues will strengthen our partnership,” Modi said. The meeting between the Indian and German leaders comes at a time when both are facing economic and security challenges from the world’s two biggest economies, China and the United States. Merz said Berlin was “committed to an international order in which we can live freely and securely, because the world is currently undergoing a process of realignment.”

“It is increasingly characterised by great power politics and thinking in terms of spheres of influence, which is why we must join forces to weather these rough winds,” he added. “That is why we also want to move closer together in terms of security policy, such as conducting joint exercises between our air forces and navies for security in the Indo-Pacific.” Recent actions and statements by US President Donald Trump including arbitrary trade tariffs have played a key role in upending global alliances and regional geopolitics, with New Delhi still negotiating a trade deal with Washington.

– ‘Strategic importance’ – “It is of particular strategic importance that we deepen cooperation between our defence industries. This strengthens both sides and also helps to make India less dependent on Russia, for example,” said Merz. New Delhi, which has relied on Moscow for decades for its key military hardware, has tried to cut its dependence on Russia in recent years by diversifying imports and pushing its own domestic manufacturing base. India today counts France, Israel and the United States as its key military suppliers besides Russia.

Berlin and New Delhi have also been negotiating a potential deal for Germany’s Thyssenkrupp Marine Systems to build six submarines for the Indian Navy in partnership with Indian state-run Mazagon Dock Shipbuilders. While still being negotiated, that deal would allow India to replace its ageing fleet of Russian-built submarines and likely include technology transfer provisions to help its domestic defence industry. In defence, the two sides are also exploring other areas of convergence as New Delhi pumps billions of dollars to upgrade its naval fleet and air force in the next few years.

There are around 300,000 Indians and people of Indian origin in Germany, including about 60,000 students — many of them in critical science, engineering and other key technology research fields. Many Indian workers have filled a recent shortfall of qualified professionals in Germany’s IT, banking and finance sectors. Modi said that “India is honoured that he (Merz) has chosen our nation as the place of his first visit in Asia.” He said the leaders had agreed on “deeper cooperation in defence, space and other critical and emerging technologies.”

Merz will wrap up his visit with a trip to the southern technology hub of Bengaluru on Tuesday.

© 2024 AFP

Tags: defenseGermanyIndia
Share9Tweet6Share2Pin2Send
Previous Post

Asian equities, precious metals surge as US Justice Dept targets Fed

Next Post

US prosecutors open criminal probe into Federal Reserve

Thomas Barnes

Thomas Barnes

Related Posts

Business

Initial expert report blames tanker for collision off Istanbul

September 3, 2026
Business

Lost tool disrupted Airbus jet deliveries for months

September 3, 2026
Business

Palantir chief says France’s digital sovereignty push ‘backfiring’

September 2, 2026
Business

Uber says laying off ‘about 10%’ of workforce worldwide

September 3, 2026
Business

Chevron unveils deal to double Venezuela venture output in 5 years

September 2, 2026
Business

Boat builders keep Pakistan’s fishing heritage afloat

August 31, 2026
Next Post

US prosecutors open criminal probe into Federal Reserve

US Fed chief warns of 'intimidation' after criminal subpoenas

Gold hits record high, dollar slides as US targets Fed

UK regulator opens probe into X over sexualised AI imagery

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
1 Comment
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

103

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

The disgraced banker stirring the pot in Brazil’s Supreme Court

September 5, 2026

Panama Canal begins reducing crossings due to El Nino

September 4, 2026

Nigeria’s Dangote refinery looks to raise $1.6 bn in IPO

September 4, 2026

Job growth but record-high diesel prices — Trump’s midterms mixed bag

September 5, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Your Privacy Choices

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2026 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.