India has singed defence cooperation and security protection agreements with Germany and Sweden during ongoing visit of Union Defence Minister Nirmala Sitharaman to these two countries. Both Germany and Sweden are important suppliers of defence equipment to India and their companies are currently in race for multi-billion tenders to supply submarines and fighter aircrafts to India under Central Government’s strategic partnership (SP) model.
Strategic partnership (SP) model
It envisages local manufacturing of major defence platforms by Indian strategic partner who will collaborate with foreign original equipment manufacturer (OEM) to set up production facilities in the country. It seeks to provide impetus to ‘Make in India’ programme.