Our Terms & Conditions | Our Privacy Policy
Economic ties
The economic relationship between Thailand and India has expanded significantly, driven by shared interests and regional cooperation.
According to Thailand’s Ministry of Foreign Affairs, bilateral trade reached US$17.7 billion in 2021, with Thailand exporting goods worth $8.1 billion and importing $9.6 billion worth from India. Both countries aim to raise trade to $35 billion by 2025.
India is also Thailand’s largest trading partner in South Asia, with key sectors including automobiles, machinery, jewellery, and chemicals driving this exchange.
Notably, the ASEAN nation is a significant source of India’s automobile imports, while India is a key supplier of pharmaceutical products and textiles to Thailand.
Investment ties are equally strong. Indian businesses have invested more than $2 billion in Thailand, particularly in the IT (information technology), hospitality, and consumer-goods sectors.
Meanwhile, Thai companies such as CP Group and Dusit Thani have explored opportunities in India’s vast market, focusing on food processing and hospitality.
Political ties
The two nations cooperate on key global issues through such platforms as ASEAN, BIMSTEC, and the United Nations.
India is a significant partner in Thailand’s Indo-Pacific initiatives, reflecting mutual interests in maritime security and economic connectivity, according to the Thai Foreign Ministry.
In 2024, during the 10th Joint Commission for Bilateral Cooperation, leaders reaffirmed their collaboration in defence, cybersecurity, space technology, and military industries.
Notably, India supplies advanced military equipment to Thailand, strengthening the latter’s defence capabilities.
Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.
Aggregated From –
Comments are closed.