India-EU Strategic Partnership
The visit of Prime Minister to Cyprus and Croatia and External Affairs Minister's engagements with multiple EU countries reflect the growing significance of the India-EU strategic partnership. The partnership has been evolving, particularly in defense cooperation, highlighted by the visit of President of the European Commission, to India.
Opportunities in Defense Cooperation
- European Defence Readiness 2030: The WP aims to support member states in achieving full defense readiness by 2030, targeting additional defense expenditure of up to 1.5% of GDP.
- Investment Projections: Defense investment could reach at least €800 billion over the next four years, presenting opportunities for Indian defense industries.
- Short-term Opportunities: Europe’s focus on replenishing ammunition and military equipment may allow India to export defense products.
India's Defense Sector Growth
- Record Exports: India’s defense exports surged to approximately Rs 23,622 crore (US$2.76 billion) in 2024-25.
- Future Prospects: India should explore sales of Advanced Towed Artillery Guns, Pinaka systems, and air defense missiles meeting NATO standards.
Technological Collaboration
- Focus Areas: The WP emphasizes technologies like artificial intelligence, quantum, and hypersonic technologies.
- Joint Opportunities: India has the chance to collaborate with EU member states on dual-use technologies.
EU-Ukraine Defense Support
The WP illustrates a commitment to enhancing Ukraine’s defense capacities, sharing military mobility corridors, and space assets. India could integrate into this framework early on through acquisitions and joint research.
Strategic Initiatives
- PESCO and SoIA: The EU welcomes India’s interest in its defense projects and negotiations for a Security of Information Agreement.
- Aerial Mobility and Certification: India should study the EU's defense model to refine its roadmap towards self-reliance, with opportunities in cross-certification and mutual recognition.
Migration and Mobility Agreement
India must engage EU members on migration and mobility within the context of ongoing FTA negotiations, considering potential changes in EU defense procurement rules.
Economic and Industrial Engagement
- EU Defence Innovation Scheme (EUDIS): India could explore joining this scheme, leveraging experiences like the INDUS-X with the US.
- Infrastructure Opportunities: Indian companies should pursue contracts related to EU multimodal corridor expansions.
Conclusion
India should invest in strengthening its partnership with the EU as Europe scales up defense and security frameworks. This collaboration can support India's strategic autonomy and global aspirations.