
India must remain proactive in countering combined naval threat from China, Pakistan: Parliamentary Panel
Of "equal concern" is the "strengthening of the China-Pakistan naval nexus", which not only facilitates joint military exercises, but also "advances Pakistan's naval modernisation", the committee said in its report on "Evaluation of India's Indian Ocean Strategy" that was presented in Parliament on Monday (August 12, 2025).
The committee said it believes that "these developments must be addressed with urgency, as they have the potential to shift the balance of power in the region, challenging India's strategic autonomy and undermining its influence over key maritime chokepoints".
The Ministry of External Affairs (MEA) has broadly identified three challenges in the IOR— geopolitical, maritime security threats and infrastructure and connectivity gaps.
The committee enquired about the "strategic challenges" faced by India in the IOR.
"In a written reply, the Ministry stated that strategic challenges for India in the IOR include threats to maritime traffic, piracy, terrorism, concerns about freedom of navigation and overflights, and concerns about safeguarding sovereignty and independence," the report said.
Another challenge is the "growing presence of extra-regional players" in the region, especially "China gaining a foothold" in the IOR, it added.
"China has been undertaking several infrastructure projects focusing on ports, airports and the logistics sector for dual-use purposes, in addition to deploying research and survey vessels in the region to augment maritime domain awareness and collect sensitive oceanography and marine data of the region," the panel said in the report.
It expressed "concern regarding the escalating Chinese presence and its increasing influence in the Indian Ocean Region, a development which poses substantial risks to India's national security and broader strategic interests".
The committee further said it recognises that China's enhanced naval capabilities, exemplified by the "growing size of its fleet, including over 15 units commissioned annually, have now surpassed the United States Navy, making it the world's largest naval force".
The induction of advanced warships, including "multiple Carrier Battle Groups and an additional aircraft carrier", along with the regular deployment of Chinese submarines and naval vessels, demonstrates a "clear and growing strategic interest by China in consolidating its position in the IOR", the panel said.
"The strategic positioning of Chinese military and commercial infrastructure across key maritime chokepoints, particularly under the Belt and Road Initiative (BRI) and the 'String of Pearls' strategy, is gradually reconfiguring the region's geopolitical dynamics in favour of Chinese interests," it said.
The committee said, "Equal concern is the strengthening of the China-Pakistan naval nexus, which not only facilitates joint military exercises, but also advances Pakistan's naval modernisation".
"This cooperation complicates the security situation further, particularly in the context of the increasing Chinese influence over Pakistan's naval assets, which could destabilise the balance of power in the region," it flagged.
In the considered view of the committee, "India must remain proactive in countering the combined naval threat from China and Pakistan by bolstering its own deterrence capabilities and conducting joint exercises with partner countries to maintain strategic balance." The panel urged the government to enhance maritime domain awareness (MDA) through further integration of advanced technologies, such as satellite-based surveillance systems and artificial intelligence, to "monitor Chinese activities more effectively".
This should be complemented by a "significant upgradation" in naval capabilities, including the induction of "advanced anti-submarine warfare (ASW) vessels, surveillance aircraft, and nuclear-powered submarines, ensuring India's readiness to respond to any emerging threat", the panel underlined in its report.
India should also "deepen its strategic alliances" with regional powers and global partners to strengthen deterrence, it said.
"Building closer ties with IOR littoral states through defence cooperation, capacity-building initiatives, and joint maritime operations will be crucial in countering Chinese influence," the panel said.
The Defence Ministry has told it that two Chinese Carrier Battle Groups are operational and a third and much more potent Aircraft Carrier Fujian is at "an advanced stage of pre-commissioning trial".
In 2024, People's Liberation Army (Navy) ships have made "22 port calls in IOR countries" and undertaken military exercises with IOR littorals.
"Pakistan Navy is also undergoing a major capability development programme with the induction of four Type 054 A/P frigates from China, four MILGEM Class Corvettes from Turkiye, and eight Hangor (Yuan Class Air Independent Propulsion Capable submarines from China, state-of-the-art aircraft and unmanned assets, among others," the report says.
It said that from a maritime security standpoint, "India regards the BRI and the String of Pearls strategy as attempts to reshape the strategic geography by diluting India's maritime influence in the IOR and altering it in China's favour".
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mint
a minute ago
- Mint
Banks drag Australian shares lower, CBA tumbles nearly 5%
Aug 13 (Reuters) - Australian shares fell on Wednesday from a record close scaled in the previous session, as Commonwealth Bank of Australia led index heavyweight financials lower on concerns about its bottom line. The S&P/ASX 200 index slipped 0.4% to 8,850.10 by 0059 GMT. The benchmark index rose 0.4% to a record close of 8,880.80 on Tuesday, after the Reserve Bank of Australia reduced interest rates by 25 basis points, as widely anticipated, while signalling further policy easing could be on the cards. Top lender Commonwealth Bank of Australia declined nearly 5% on Wednesday, hitting its lowest level since mid-May and pulling the banking sub-index 1.8% lower to its weakest point since August 5. CBA, considered one of the most expensive banks in the world on a price-to-earnings ratio, reported a record annual profit, but analysts said its bottom line was boosted by a lift in trading income which can be volatile. National Australia Bank and Westpac slipped 1.6% and 1.3%, respectively. Miners climbed 0.9% after iron ore futures closed higher overnight as steel mills in Chinese production hub Tangshan were ordered to halt operations. Mining giants BHP, Rio Tinto and Fortescue gained between 1% and 1.3%. Tech stocks rose 0.8%, tracking gains in their U.S. peers, while gold stocks advanced 0.6% after a U.S. inflation report raised hopes for a Federal Reserve interest rate cut in September. Among individual stocks, Treasury Wine Estates rose 5.6% and Insurance Australia Group climbed 1.8% on higher annual profits. AGL Energy was the weakest performer on the benchmark index with a 12.3% drop, after the power producer posted a 21% drop in annual underlying earnings, missing market estimates. In New Zealand, the benchmark S&P/NZX 50 index rose 0.6% to 12,840.70. (Reporting by Sneha Kumar in Bengaluru; Editing by Subhranshu Sahu)


Time of India
17 minutes ago
- Time of India
FM tables IBC amendment bill to speed up insolvency cases
Union Finance Minister Nirmala Sitharaman speaks in Lok Sabha during the Monsoon Session of Parliament, in New Delhi on Tuesday. (Sansad TV/ANI Video Grab) NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday introduced amendments to the Insolvency and Bankruptcy Code (IBC), aimed at making the law more effective and speed up the process, while proposing an out-of-court mechanism to address genuine business failures, domestic group insolvency and cross-border insolvency frameworks. The bill, which has been in the pipeline for over a year, was referred to a select committee, which will submit its report in the next session of Parliament. "Once implemented, this will help ease the burden on judicial systems, promote ease of doing business and improve access to credit," Sitharaman said. With cases taking 434 days to be admitted against the mandated 14 days, the bill seeks to amend section 7 to specify that an application for initiating corporate insolvency action by financial creditors shall be admitted if a default exists, and no other grounds shall be considered for deciding such an application. In case of a plea by a financial institution, records from information utilities will be sufficient evidence to ascertain if there is a default. Besides, the definition of resolution plans is proposed to be expanded to include sale of assets and the right of the corporate applicant to propose the resolution professional is restricted to ensure fairer and more transparent appointments. The proposed amendments restrict withdrawal of applications before the constitution of the committee of creditors and after the first invitation of the resolution plans and also enable continuation of avoidance transaction proceedings post the resolution process. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Learn 57+ Languages Easily with AI [Join] Talkpal AI Sign Up Undo Further, enhancement of recoveries from avoidance transactions, wrongful and fraudulent trading by extending the look back period and allowing creditors to also file for these transactions have been included to maximise asset value. The liquidation process is also sought to be speeded up by empowering the committee of creditors to supervise it, including a provision for replacing the liquidator by a 66% vote, and extending the moratorium available under the corporate insolvency resolution process to the liquidation process (CIRP) in a bid to speed up company dissolution. The proposals allow the Adjudicating Authority to restore CIRP once on the request of the committee of creditors, to enable potential rescue of viable companies. The committee of creditors can also recommend direct dissolution if assets are negligible and can retain or appoint the resolution professional as liquidator. The bill also seeks to introduce a Creditor Initiated Insolvency Resolution Process and do away with fast-track CIRP, which has seen low interest. creditor-initiated insolvency resolution process (CIIRP) is being pushed as a new tool to speed up resolution, while preserving the asset value. Under this process, select FIs can initiate insolvency outside court with approval from unrelated financial institutions, while the corporate debtor can continue to manage the company with oversight from a resolution professional, who would attend meetings of the board of directors and have veto powers. Stay informed with the latest business news, updates on bank holidays , public holidays , current gold rate and silver price .


Indian Express
31 minutes ago
- Indian Express
Behind US-China trade truce
United States President Donald Trump on Monday extended his trade truce with China for another three months until November 10, pausing the triple-digit import duties that the two countries would have levied on each other's goods. Trump's move — 'to continue the suspension' of the prohibitive 145% tariff on Chinese goods and keep it at 30% following an earlier executive order dated May 12 — comes in the wake of Beijing's strong response with retaliatory measures of its own. That included not just imposing a 125% tariff on US shipments (since lowered to 10%), but also curbing exports of rare-earth metals and magnets, impacting American auto, aerospace, defence, and semiconductor manufacturers. However, it isn't just the choking of the supply of critical minerals that China has used as a leveraging tool to bring Trump to the negotiating table. In its ongoing, albeit temporarily halted, trade war with the US, China has also employed a 'trump card' in the form of agricultural imports. The accompanying table shows that the exports of US farm produce to China have more than halved, from $13.1 billion during January-June 2024 to $6.4 billion in the first six months of 2025. It comes on top of declines in the last two years, and is a far cry from the peak of $40.7 billion scaled in 2022. The fall in agricultural imports has been led by soyabean, with China importing hardly $2.5 billion worth of the leguminous oilseed from the US in January-June 2025, as against over $17.9 billion in 2022. That explains why Trump, in a post on his Truth Social platform on Monday, urged China to 'quickly quadruple' its soyabean imports from the US. He wrote, 'Our great farmers produce the most robust soybeans…Rapid service will be provided. Thank you President Xi [Jinping]'. Soyabean apart, China has massively reduced its purchases of US corn (maize), coarse grains (mainly sorghum and barley), cotton, beef, pork, poultry meat, and even forest products and tree nuts such as almonds, pistachios and walnuts. China is a huge importer of agri-commodities. Till two years ago, it was the world's biggest buyer of soyabean, rapeseed, wheat, barley, sorghum, oats and cotton, and No. 2 for corn (after Mexico) and palm oil (after India). A lot of these imports — 105 million tonnes (mt) of soyabean, 14.2 mt of barley, 13.8 mt of corn, 11.2 mt of wheat and 8.7 mt of sorghum in 2024 — catered to the protein and energy requirements of its massive swine herd and poultry flock. China houses roughly half of the world's pig population, and a fifth of its chickens. In 2024, China imported 74.7 mt of soyabean from Brazil and only 22.1 mt from the US. By sourcing more from Brazil, Argentina, Canada, Paraguay and other countries, it is hurting the interest of farmers in the US 'corn belt' states stretching from Ohio, Indiana, Illinois, Iowa, Minnesota, Wisconsin and Missouri to North and South Dakota, Nebraska and Kansas. In addition, there are the beef farmers in Texas and Oklahoma, and the tree nut growers in California, Oregon, New Mexico, and Georgia, who stand to lose from a trade war with China. Simply put, China is not only leveraging its control over the global rare-earth elements market — from mining and refining to exports — but also its power as an agri-commodities importer to push Trump to continue 'productive discussions' with Beijing 'to resolve trade disputes and strengthen economic ties'. While US exports of farm produce to China have plunged by 51.3% in January-June 2025 over January-June 2024, that to India have soared 49.1% for the same period. As reported in this newspaper, agricultural trade between India and the US has actually been booming. Based on shipment value trends so far, both exports from the US to India and that from India to the US are set to top $3.5 billion and $7.5 billion respectively. India has, in fact, overtaken China to emerge as the biggest market for US tree nuts, with exports at more than $1.1 billion in 2024 and growing by 42.8% year-on-year to $759.6 million in January-June 2025. The US, likewise, has a 35% share in India's seafood exports. In frozen shrimps and prawns, more than $1.9 billion out of the $4.5 billion of Indian exports during 2024-25 (April-March) went to the US. It's another thing that despite this robust two-way trade engagement — more so in a sector that has become a sticking point in the ongoing bilateral trade talks — the Trump administration has doubled the tariff on Indian imports to 50%, effective from August 27. That includes a 25% 'penalty' for the purchase of Russian oil, which China has also been doing without inviting any such coercive duty.