India's Role in the EU's Defence Supply Chains
India's defence industry is poised to play a significant role in the European Union's defence industry supply chains as European nations aim to modernize and expand their capabilities to address emerging threats.
Free Trade Agreement (FTA) and Defence Partnership
- The proposed FTA is expected to enhance the defence partnership between India and the EU.
- The EU recognizes the need to bolster its defence industry for improved defence preparedness.
Defence and Security Pact
- The EU is considering a defence and security pact with India, similar to existing agreements with Japan and South Korea.
- The pact will encompass joint exercises, maritime security, and cybersecurity.
Cooperation in Civilian Space
The EU aims to synergize with India on civilian space projects, including data sharing initiatives.
High-Level Meetings and Discussions
- Kubilius, part of the EU's College of Commissioners, attended a high-level meeting in India.
- Discussions with the minister of state for Defence, Sanjay Seth, focused on maritime security and intelligence sharing in the Indo-Pacific.
Industrial Cooperation and Joint Ventures
- Both sides are exploring increased industrial cooperation, including joint ventures and co-production initiatives.
- There is potential for India's involvement in the EU’s Permanent Structured Cooperation framework.
