The China Mail - India and Germany seek to boost defence industry ties

USD -
AED 3.672503
AFN 62.499966
ALL 82.669181
AMD 376.230888
ANG 1.790083
AOA 916.999772
ARS 1397.329697
AUD 1.432203
AWG 1.80225
AZN 1.67023
BAM 1.684191
BBD 2.010067
BDT 122.460754
BGN 1.709309
BHD 0.377563
BIF 2964.056903
BMD 1
BND 1.276953
BOB 6.911428
BRL 5.234503
BSD 0.997972
BTN 93.511761
BWP 13.674625
BYN 2.954524
BYR 19600
BZD 2.007225
CAD 1.37869
CDF 2277.496692
CHF 0.78943
CLF 0.023245
CLP 917.860279
CNY 6.892701
CNH 6.899598
COP 3705.22
CRC 464.994123
CUC 1
CUP 26.5
CVE 94.953305
CZK 21.0509
DJF 177.721517
DKK 6.43958
DOP 59.786189
DZD 132.470985
EGP 52.607704
ERN 15
ETB 154.279108
EUR 0.861598
FJD 2.24025
FKP 0.747226
GBP 0.745845
GEL 2.704981
GGP 0.747226
GHS 10.903627
GIP 0.747226
GMD 73.511051
GNF 8747.24442
GTQ 7.642594
GYD 208.863457
HKD 7.82091
HNL 26.426305
HRK 6.490602
HTG 130.855608
HUF 335.350089
IDR 16900
ILS 3.11834
IMP 0.747226
INR 93.915798
IQD 1307.361768
IRR 1313025.000513
ISK 123.919958
JEP 0.747226
JMD 157.486621
JOD 0.709034
JPY 158.779501
KES 129.596279
KGS 87.448499
KHR 4005.063378
KMF 425.999732
KPW 900.014346
KRW 1499.150037
KWD 0.30629
KYD 0.831676
KZT 481.782876
LAK 21486.820464
LBP 89375.339068
LKR 313.699656
LRD 183.13807
LSL 17.013787
LTL 2.95274
LVL 0.60489
LYD 6.362944
MAD 9.303745
MDL 17.455028
MGA 4166.899883
MKD 53.064774
MMK 2100.167588
MNT 3569.46809
MOP 8.04266
MRU 39.802636
MUR 46.459758
MVR 15.459925
MWK 1730.481919
MXN 17.71475
MYR 3.958968
MZN 63.909906
NAD 17.013787
NGN 1377.430252
NIO 36.726715
NOK 9.699565
NPR 149.61272
NZD 1.71578
OMR 0.384501
PAB 0.997963
PEN 3.451997
PGK 4.309899
PHP 59.996501
PKR 278.8205
PLN 3.68025
PYG 6511.920293
QAR 3.639338
RON 4.389602
RSD 101.210987
RUB 80.756231
RWF 1459.995436
SAR 3.751761
SBD 8.041975
SCR 13.770102
SDG 601.000023
SEK 9.30298
SGD 1.27884
SHP 0.750259
SLE 24.600258
SLL 20969.510825
SOS 570.306681
SRD 37.339844
STD 20697.981008
STN 21.09741
SVC 8.732681
SYP 110.948257
SZL 17.012336
THB 32.628034
TJS 9.575933
TMT 3.51
TND 2.927264
TOP 2.40776
TRY 44.3539
TTD 6.780508
TWD 31.943014
TZS 2572.558996
UAH 43.82926
UGX 3737.239351
UYU 40.671515
UZS 12175.463071
VES 458.87816
VND 26350
VUV 119.508072
WST 2.738201
XAF 564.849586
XAG 0.013677
XAU 0.000219
XCD 2.70255
XCG 1.798634
XDR 0.702492
XOF 564.869043
XPF 102.697908
YER 238.59885
ZAR 16.865375
ZMK 9001.199211
ZMW 18.887324
ZWL 321.999592
  • CMSC

    -0.0100

    22.87

    -0.04%

  • RIO

    0.9300

    86.77

    +1.07%

  • NGG

    0.2700

    82.33

    +0.33%

  • BCE

    0.0700

    25.83

    +0.27%

  • GSK

    0.9600

    52.95

    +1.81%

  • BCC

    1.6900

    73.57

    +2.3%

  • AZN

    1.7100

    185.78

    +0.92%

  • BTI

    -0.1600

    57.76

    -0.28%

  • RBGPF

    -13.5000

    69

    -19.57%

  • BP

    1.2200

    44.79

    +2.72%

  • CMSD

    -0.1100

    22.63

    -0.49%

  • RYCEF

    -0.2800

    15.69

    -1.78%

  • VOD

    0.1800

    14.66

    +1.23%

  • JRI

    0.1800

    11.86

    +1.52%

  • RELX

    -1.3500

    32.46

    -4.16%

India and Germany seek to boost defence industry ties

India and Germany seek to boost defence industry ties

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.

Text size:

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.

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.

L.Johnson--ThChM