India and Kuwait Sign Defence Pact after PM Modi Meets Leaders

26 Dec 2024 CW Team

In addition to meeting with the Emir, Modi also held separate discussions with Kuwaiti Prime Minister Ahmad Abdullah Al-Ahmad Al-Sabah and Crown Prince Sabah Al-Khaled Al-Hamad Al-Mubarak Al-Sabah, with the aim of revitalising overall bilateral ties.

During the meetings, four agreements were signed, including a Memorandum of Understanding (MoU) on defence, with others focusing on cooperation in sports, culture, and solar energy.

The two prime ministers discussed a roadmap to strengthen the strategic partnership across various sectors, including trade, investment, energy, defence, security, health, education, technology, and cultural ties, according to the Ministry of External Affairs (MEA).

The defence MoU aims to enhance cooperation in areas such as defence industries, supply of defence equipment, joint exercises, training, personnel exchanges, and research and development, as explained by Arun Kumar Chatterjee, Secretary (Overseas Indian Affairs) in the MEA, during a media briefing.

In a post on 'X', Modi described his talks with the Kuwaiti counterpart as "fruitful," mentioning that the discussions covered the entire spectrum of India-Kuwait relations, including trade, commerce, and people-to-people ties. He also noted the exchange of key MoUs and agreements, which would strengthen bilateral relations.

Modi also invited a delegation from the Kuwaiti Investment Authority and other stakeholders to visit India to explore new opportunities in sectors like energy, defence, medical devices, pharmaceuticals, and food parks.

The Indian Prime Minister’s visit marked the first by an Indian prime minister to Kuwait in 43 years. During their discussions, Modi and the Emir emphasized deepening cooperation in information technology, pharmaceuticals, fintech, infrastructure, and security.

Modi thanked the Emir for ensuring the welfare of over one million Indians in Kuwait, while the Kuwaiti leader acknowledged the contribution of the Indian community to the development of the country.

Chatterjee expressed confidence that this historic visit would mark the beginning of a new chapter in India-Kuwait relations, identifying several areas of cooperation that both sides would work on.

India and Kuwait elevated their relationship to a strategic partnership and signed a significant agreement on defence cooperation after Prime Minister Narendra Modi held extensive talks with Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah and other senior leaders of Kuwait. In addition to meeting with the Emir, Modi also held separate discussions with Kuwaiti Prime Minister Ahmad Abdullah Al-Ahmad Al-Sabah and Crown Prince Sabah Al-Khaled Al-Hamad Al-Mubarak Al-Sabah, with the aim of revitalising overall bilateral ties. During the meetings, four agreements were signed, including a Memorandum of Understanding (MoU) on defence, with others focusing on cooperation in sports, culture, and solar energy. The two prime ministers discussed a roadmap to strengthen the strategic partnership across various sectors, including trade, investment, energy, defence, security, health, education, technology, and cultural ties, according to the Ministry of External Affairs (MEA). The defence MoU aims to enhance cooperation in areas such as defence industries, supply of defence equipment, joint exercises, training, personnel exchanges, and research and development, as explained by Arun Kumar Chatterjee, Secretary (Overseas Indian Affairs) in the MEA, during a media briefing. In a post on 'X', Modi described his talks with the Kuwaiti counterpart as fruitful, mentioning that the discussions covered the entire spectrum of India-Kuwait relations, including trade, commerce, and people-to-people ties. He also noted the exchange of key MoUs and agreements, which would strengthen bilateral relations. Modi also invited a delegation from the Kuwaiti Investment Authority and other stakeholders to visit India to explore new opportunities in sectors like energy, defence, medical devices, pharmaceuticals, and food parks. The Indian Prime Minister’s visit marked the first by an Indian prime minister to Kuwait in 43 years. During their discussions, Modi and the Emir emphasized deepening cooperation in information technology, pharmaceuticals, fintech, infrastructure, and security. Modi thanked the Emir for ensuring the welfare of over one million Indians in Kuwait, while the Kuwaiti leader acknowledged the contribution of the Indian community to the development of the country. Chatterjee expressed confidence that this historic visit would mark the beginning of a new chapter in India-Kuwait relations, identifying several areas of cooperation that both sides would work on.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Infrastructure Urban

22 Oct 2025

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Infrastructure Energy

22 Oct 2025

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..