SOURCE: AFI
In a move that signifies deepening defense ties, Estonia’s Defence Minister Hanno Pevkur has announced that several major Indian companies are eager to invest in Estonia, particularly for the production of ammunition. This development coincides with India’s push to position itself as a significant player in global defense manufacturing.
During a recent statement, Pevkur expressed optimism about the potential cooperation, saying, “It’s not only ammunition. It’s also the Armed Vehicles production, Howitzer production. So, the cooperation is very intense. So, I really do hope that I can find the time also to come to India.” While specific company names were not disclosed, Pevkur hinted at the involvement of known players in India’s defense sector, especially those already engaged in producing 155-millimeter ammunition.
This interest from Indian companies comes at a time when Estonia is actively working on enhancing its defense capabilities, especially in light of regional security concerns and the ongoing need to restock and modernize its military inventory. The establishment of ammunition production facilities, particularly for the 155-mm caliber, aligns with Estonia’s plans to bolster its defense industrial base.
The investment would not only diversify its defense manufacturing but also strengthen its strategic autonomy by reducing dependency on external suppliers for critical military supplies. This move would expand the market for its defense products, offering opportunities for technology transfer, joint ventures, and access to the European defense market through Estonia’s NATO and EU connections.
Potential Areas of Investment:
- Ammunition Production: Specifically, the 155-mm shells, which are in high demand globally.
- Armed Vehicles: The development and manufacturing of various types of military vehicles.
- Howitzer Production: Given the interest, this could lead to joint or indigenous production of artillery systems, enhancing capabilities for both countries.