EconomyLens.com
No Result
View All Result
Monday, January 12, 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 eye defence industry boost to ties

Thomas Barnes by Thomas Barnes
January 12, 2026
in Business
Reading Time: 6 mins read
A A
1
19
SHARES
235
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

Trump to meet top US oil execs after seizing Venezuela leader

Swiss mining giant Glencore reveals merger talks with Rio Tinto

Swiss mining giant Glencore in merger talks with Rio Tinto

Venezuela begins ‘large’ prisoner release amid US pressure

Japan’s Fast Retailing raises profit forecast after China growth

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. “Closer cooperation in security and defence shows mutual trust and shared views,” Modi added. “We will work on a roadmap to increase defence industrial cooperation, which will open new opportunities for co-development and co-production.”

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.

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

© 2024 AFP

Tags: defenseGermanyIndia
Share8Tweet5Share1Pin2Send
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

Lidl to drop broadcast TV ads in France

January 8, 2026
Business

US oil giant Chevron interested in Russian Lukoil’s foreign assets: report

January 7, 2026
Business

Accused scam boss Chen Zhi arrested in Cambodia, extradited to China: Phnom Penh

January 7, 2026
Business

Warner Bros rejects updated Paramount takeover bid, backs Netflix deal

January 7, 2026
Business

Nestle recalls infant formula in several European countries

January 5, 2026
Business

Lower demand for electric cars dents GM’s sales

January 7, 2026
Next Post

US prosecutors open criminal probe into Federal Reserve

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • 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

81

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

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

January 12, 2026

Fed chair Powell says targeted by federal probe

January 12, 2026

Japan aims to dig deep-sea rare earths to reduce China dependence

January 12, 2026

Asian equities edge up, dollar slides as US Fed Reserve subpoenaed

January 11, 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.

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
© 2025 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.