SIDM and the Embassy of India in Berlin organised the 6th Indo-German Defence Industrial Roundtable on 22 October 2026 in Augsburg, bringing government and industry together to explore joint development, manufacturing and defence technology partnerships. Ambassador Shri Ajit Gupte emphasised sustainable industrial partnerships, while Dr Garima Bhagat and Brig Gen Michael Bender highlighted investment, joint manufacturing and practical cooperation. SIDM reaffirmed the readiness of Indian industry to meet evolving geopolitical demands and expressed interest in deeper collaboration with German industry and future engagements with BDSV. Discussions focused on integrating defence supply chains, fostering startup partnerships, technology sharing and IP protection, with a shared vision of jointly designing, developing, manufacturing and exporting defence products. The roundtable was followed by B2B meetings. The SIDM delegation, led by Dr Garima Bhagat, Joint Secretary (Land Systems), included 25 industry participants from DPSUs and the private sector. #IndiaGermany# #IndiaGermanyDefenceCooperation# #MoD# #EmbassyOfIndiaInBerlin# #ConsulateGeneralOfIndiaMunich#

The 2022 energy shock massively accelerated nearly every major weakness in the European economic model. Before the war: → ~55% of German gas imports came from Russia → The eurozone ran a current account surplus of roughly ~3% of GDP → Germany’s industrial model depended on cheap imported energy + export manufacturing → Europe imported nearly 60% of its total energy needs from abroad Even in 2025–2026: → EU industrial electricity prices remained over 2x U.S. levels for energy-intensive sectors → The eurozone current account collapsed from a pre-war surplus of roughly ~3% of GDP into near-balance/deficit in 2022, before only partially recovering to ~1.7–2.0% by 2025 → German industry continued facing structural stagnation, weak industrial output and competitiveness pressure Europe’s long-term priority must be energy sovereignty through electrification, renewables, nuclear, storage, hydrogen and pan-European grid interconnections to reduce external energy dependence well below 25% over the next 15–20 years. This is why Europe’s single most important long-term strategic priority is energy sovereignty. There is no more fundamental issue than this.

Today, we announced a $ 250m investment for our Giga Berlin Cell factory. This will enable 18GWh of annual 4680 cell production and create more than 1500 new jobs. Good news during challenging times for the German industry.